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Fed Governor Cook Prepared to Raise Rates if Inflation Persists
Federal Reserve Governor Lisa Cook stated she is prepared to take action on interest rates, including a hike, if inflation does not show signs of slowing. Her comments underscore the Fed's commitment to addressing persistent inflationary pressures.
5 Aug, 20:36 — 5 Aug, 21:43
The Story
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Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
cnbc
Center1
Center (1)
bloomberg
Right
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
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bloombergHigh5d ago
Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow
Federal Reserve Governor Lisa Cook cautions that the longer inflation remains above the central bank’s goal, the tougher the job will be to rein it in during remarks at an event in Alaska. (Source: Bloomberg)
Read full article →cnbcMostly Factual5d ago
Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation
Cook was part of a 9-3 majority that voted last week to keep the central bank's benchmark borrowing rate in a range between 3.5%-3.75%.
Read full article →Coverage Timeline
First report: cnbc · 5 Aug, 20:36|Full coverage: 2 · 1h|Window: 1h
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