Federal Reserve governor Lisa Cook said Monday that the central bank can afford to take a more gradual approach to interest-rate cuts in the months ahead, even though further reductions will likely be ...
Since the Fed started reducing its benchmark policy rate in September, Cook noted that the labor market has shown more resilience and inflation has been more persistent than initially anticipated.
The week also features key Federal Reserve events, including speeches from Fed governor Lisa Cook, Fed governor Christopher Waller, Richmond Fed president Tom Barkin, and Philadelphia Fed ...