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Fed Gov Cook says rates should hold for now but flags hike risk on stubborn inflation
27 May 2026, 20:13 UTCRead full speech on investinglive.com
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Fed Governor Cook says holding rates steady is right for now but warns she is prepared to hike if inflation fails to ease, citing tariffs, Iran war, and AI investment as key price pressures. Summary: Source: Federal Reserve Governor Lisa Cook, remarks prepared for the AI policy f
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