Fed’s Cook Says There Are Reasons To Believe Inflation Levels Can Cool; So Far AI Hasn’t Created Notable Job Losses; It May Yet Turn Out That The Fed Does Not Need To Raise Rates; Job Market Has Been Resilient; Sour Consumer Mood Tied To A Number Of Factors Including High Inflation

Benzinga · 3d ago

https://www.federalreserve.gov/newsevents/speech/cook20260805a.htm