Fed's Cook Says She Expects To See Continued Inflation Pressure In Coming Months, From AI And Conflict In The Middle East; Labor Market Well Positioned To Handle An Increase In Rates; Number And Magnitude Of Any Future Rate Adjustments Will Be Informed By Inflation And Labor Market Data, And Economy's Reaction To Us Central Bank's Actions So Far
https://www.federalreserve.gov/newsevents/speech/cook20260928a.htm
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Why It Matters
A Federal Reserve leader says inflation pressure may continue from new technology and world events. This means the Fed will watch inflation and jobs closely before deciding on interest rate changes.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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