Fed Governor Cook Speaks at Council on Foreign Relations
June 04, 2025
June 04, 2025
NEW YORK, June 4 -- Federal Reserve Governor Lisa D. Cook delivered a speech at the Council on Foreign Relations, outlining her economic outlook and views on monetary policy. Governor Cook stated that the U.S. economy remains on firm footing, but noted increased uncertainty due to trade policy changes, which could lead to both higher inflation and a cooling labor market. She emphasized the need for monetary policy to carefully balance price stability and maximum employment, drawing lessons from . . .