Central-banksFederal ReserveSat, Aug 8, 2026, 12:26 AMNegative

Fed’s Cook says ready to raise rates if inflation doesn’t start easing

Federal Reserve Governor Lisa Cook has reiterated her readiness to raise interest rates if inflation does not show signs of easing. She cautioned that policymakers may not have the luxury of waiting for inflation to return to the 2% target, emphasizing the urgency of addressing rising prices.

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