07-August-2026
Economy News
 
Fed's Cook Ready to Raise Rates if Inflation Doesn't Start Easing
06-Aug-2026

Federal Reserve Governor Lisa Cook said on Wednesday that she’s open to the idea that the central bank may need to raise its short-term interest rate target to deal with “too high” levels of inflation in the U.S. economy.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-05/feds-cook-says-ready-to-raise-rates-if-inflation-doesnt-start-easing