Select Page

Fed Governor Lisa Cook pointed out in a speech that risks associated with meeting the dual mandate goals of inflation and employment are “moving into better balance”.

She explained that prematurely easing monetary policy might “allow above-target inflation to become entrenched” and eventually require a tighter monetary stance, risking significant employment setbacks. Conversely, delaying policy easing could unnecessarily restrict economic expansion and curtail job opportunities.

Full speech of Fed’s Cook here.

Share it on social networks