The Zhitong Finance App learned that Federal Reserve Governor Cook reiterated on Wednesday that if inflation does not continue to slow down in the future, she is prepared to support further interest rate hikes, and warned that as inflation continues to rise above the 2% target, the Fed may not have much time to wait; otherwise, it will be more difficult to control inflation in the future.

The Zhitong Finance App learned that Federal Reserve Governor Cook reiterated on Wednesday that if inflation does not continue to slow down in the future, she is prepared to support further interest rate hikes, and warned that as inflation continues to rise above the 2% target, the Fed may not have much time to wait; otherwise, it will be more difficult to control inflation in the future.