5 Hrs
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المشهد العربي
Lisa Cook Discusses Potential Inflation Actions
Lisa Cook, a member of the Federal Reserve Board of Governors, confirmed that the bank is prepared to take additional measures to combat inflation if clear signs of its decline do not appear in the coming period. Despite the slowdown in consumer and producer prices, inflation still exceeds the 2% target. Cook emphasized the importance of carefully monitoring economic developments, especially with variables such as the surge in artificial intelligence investments. She also clarified that the impacts on inflation from tariffs and geopolitical tensions in the Middle East are temporary, and that the bank is focused on implementing the appropriate policy to control inflation.
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