RSS Fed’s Cook: Can afford to proceed more cautiously with further cuts

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 RSS Fed’s Cook: Can afford to proceed more cautiously with further cuts

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Fed Governor Lisa Cook highlighted in a speech today that Fed can “afford to proceed more cautiously with further cuts”. She noted that risks to the dual mandate of price stability and maximum employment are now “roughly in balance”. But since September, “The labor market has been somewhat more resilient, while inflation has been stickier […]

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