EconomyFed’s Cook says she is prepared to act soon if inflation does not slow
Federal Reserve Governor Lisa Cook said she is ready to act if inflation does not begin easing soon. She also said she is willing to wait a bit longer to see whether price pressures start to slow. Cook’s comments signal that she is watching the inflation trend closely while leaving room for additional time before taking action.
Fed’s Cook says she is prepared to act soon if inflation does not slow