Federal Reserve Governor Lisa Cook Stresses the Importance of a Cautious Approach to Policy Easing
Monday, 25 March 2024, 14:52
Federal Reserve Governor Lisa Cook Highlights Cautious Approach to Policy Easing
The U.S. central bank should proceed carefully when making decisions on interest rates, according to Cook.
Risks Considered
She mentions the importance of balancing the risks associated with easing monetary policy too early or too late.
- Inflation: Falling but still at elevated levels.
- Labor Market: Despite being strong.
Outlook
Cook believes that a cautious approach to easing monetary policy over time is necessary to achieve employment and inflation goals.
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