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Fed's Cook warns of further inflationary pressures ahead
Original: Fed's Cook sees further inflationary pressures ahead
Federal Reserve Governor Lisa Cook said she expects additional inflationary pressures ahead, a signal that US central bankers remain cautious about the pace of price growth. Her comments add to debate over how long the Fed will hold interest rates steady and whether further policy tightening may be needed.
Why now: Markets are closely watching Fed officials' remarks for clues about the future path of interest rates.
Evidence
- Fed's Cook sees further inflationary pressures ahead · Fresno Bee
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