Economy · News reference

Fed’s Cook Says Supported Holding Rates Steady At Recent FOMC While Waiting For More Data; Ready To Raise Rates If Disinflation Trend Does Not Return; Risk Rising That Too High Inflation Will Become Embedded In Economy; Firmly Committed To Restoring Price Stability; Inflation Risks Outweigh Job Market Risks; Fed Running Out Of Room To Wait For Disinflation To Return; Economy Resilient And Growth At ‘Solid Pace’

https://www.federalreserve.gov/newsevents/speech/cook20260805a.htm