Federal Reserve Governor Lisa Cook emphasized the need for a cautious approach to cutting interest rates, highlighting the risks of cutting too soon or too late on inflation and the economy. Cook mentioned the importance of balancing inflation and employment goals, noting the bumpy path of disinflation and gradual cooling in wage growth. She stressed that a careful easing policy can help sustainably return inflation to 2% while maintaining a strong labor market.
****Fed’s Cook Emphasizes Need for ‘Cautious’ Approach to Rate Cuts*** | Guess he no got the bank memo yet.... @markets
Federal Reserve Governor Lisa Cook said the US central bank must take a cautious approach to cutting interest rates https://t.co/5UbQafDnFf
⚠️ FED'S COOK SAYS CAUTIOUS APPROACH NEEDED TO POLICY EASING Full Story → https://t.co/SISwJvhZ1e The U.S. central bank needs to proceed carefully as it decides when to begin cutting interest rates, Federal Reserve Governor Lisa Cook said on Monday, citing, as many of her…
Fed’s Cook: Careful Approach To Easing Policy Over Time Can Ensure Inflation Returns Sustainably To 2% While Striving To Maintain Strong Labor Market https://t.co/YQM8L0xreJ
Federal Reserve Governor Lisa Cook said the US central bank must take a cautious approach to cutting interest rates https://t.co/uxt7SOQLP0
COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY * https://t.co/HBUYBHoYOV
FED’S COOK: CAREFUL APPROACH TO EASING POLICY OVER TIME CAN ENSURE INFLATION RETURNS SUSTAINABLY TO 2% WHILE STRIVING TO MAINTAIN STRONG LABOR MARKET || FED'S COOK: RISKS TO ACHIEVING US CENTRAL BANK'S EMPLOYMENT AND INFLATION GOALS MOVING INTO BETTER BALANCE
COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY
🔴 FED'S COOK'S SPEECH https://t.co/GtLomLXCld
🇺🇸 #FED GOVERNOR LISA COOK REMARKS IN TEXT OF SPEECH AT HARVARD - BBG *COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED *COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY *COOK: RISKS TO INFLATION, JOB GOALS MOVING INTO BETTER BALANCE *COOK: 'CAREFUL' POLICY…
🔴 FED'S COOK: COMPREHENSIVE MEASURES OF WAGE GROWTH SHOW GRADUAL COOLING.
🔴 FED'S COOK: INFLATION HAS FALLEN CONSIDERABLY AND THE LABOR MARKET HAS REMAINED STRONG.
🇺🇸 FED’S COOK: CAREFUL APPROACH TO EASING POLICY OVER TIME CAN ENSURE INFLATION RETURNS SUSTAINABLY TO 2% WHILE STRIVING TO MAINTAIN STRONG LABOR MARKET https://t.co/wsTfYEqBZK
🔴 FED'S COOK: THE PATH OF DISINFLATION, AS EXPECTED, HAS BEEN BUMPY AND UNEVEN.
🔴 FED’S COOK: A CAREFUL APPROACH TO EASING POLICY OVER TIME CAN ENSURE INFLATION RETURNS SUSTAINABLY TO 2% WHILE STRIVING TO MAINTAIN STRONG LABOR MARKET.
🔴 FED'S COOK: STRONG PRODUCTIVITY GROWTH COULD MEAN FASTER PACE OF WAGE GROWTH NOT INFLATIONARY.
🔴 FED'S COOK: RISKS TO ACHIEVING THE FED'S EMPLOYMENT AND INFLATION GOALS MOVING INTO BETTER BALANCE.
🔴 FED'S COOK: THERE ARE RISKS TO EASING POLICY TOO MUCH OR TOO SOON AS WELL AS TOO LATE.
🔴 FED'S COOK: CUTTING TOO SOON COULD RISK INFLATION BECOMING ENTRENCHED.
*COOK: CUTTING TOO LATE COULD UNNECESSARILY HARM ECONOMY
❖ GOOLSBEE: WE'RE IN BIT OF A MURKY PERIOD WITH INFLATION ❖ GOOLSBEE SAYS FED HAS TO STRIKE BALANCE WITH ITS DUAL MANDATE
🔴 FED'S GOOLSBEE: WE'RE IN A BIT OF A MURKY PERIOD WITH INFLATION.