Fed Cook Affirms Inflation Goal
Federal Reserve Governor Lisa Cook stated that inflation remains too high and reaffirmed her commitment to cooling price pressures without harming the labor market. Speaking at a Richmond Fed event, she focused primarily on rural economic challenges.
Federal Reserve Governor Lisa Cook said inflation has remained too high for too long, pledging to lower price pressures without harming the labor market. Speaking during Wednesday late afternoon remarks in Asheville, North Carolina, Cook did not address the latest inflation data released earlier in the day.
