Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow
Business & Finance

Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow

Bloomberg Markets Wednesday 05 August 2026, 21:43 UTC 1 min read
Key Points

Aug 5th, 2026 Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow Federal Reserve Governor Lisa Cook cautions that the longer inflation remains above the central bank’s goal, the tougher the job will be to rein it in during remarks at an event in Alaska.

Aug 5th, 2026 Fed's Cook 'Prepared to Act' on Rates If Inflation Doesn't Slow Federal Reserve Governor Lisa Cook cautions that the longer inflation remains above the central bank’s goal, the tougher the job will be to rein it in during remarks at an event in Alaska.
Fed (ORG) Cook (PERSON) Slow Federal Reserve (ORG) Lisa Cook (PERSON) Alaska (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Block slashed 40% of its workforce for AI — and earnings suggest that’s paying off

“We can ship higher-quality products much, much more quickly,” an executive said in the wake of the company’s better-than-expected earnings report

MarketWatch 14m ago

Clay Travis tells Dan Dakich about his $10 million offer to the Las Vegas Aces and how Elon Musk could help

OutKick founder Clay Travis set the WNBA and sports world on fire recently when he made a compelling financial and social offer to the league and its best team, the Las Vegas Aces. Play a state championship-winning high school boys basketball team of his choice, with $10 million up for grabs should they win. This offer presented a compelling opportunity for the WNBA and the Aces to meaningfully increase their revenue, should they win the game, and more importantly, live up to their stated...

Fox News 23m ago

Asian Stocks Set for Declines as AI Rally Cools: Markets Wrap

Asian Stocks Set for Declines as AI Rally Cools: Markets Wrap Stocks in Asia were poised to ease Thursday as investors digested gains in technology shares while watching for fresh signs of progress toward a deal to reopen the Strait of Hormuz. Equity-index futures for Australia, Japan and South Korea all edged lower, while a gauge of Chinese companies listed in the US slipped 1%. Contracts for US stocks were little changed in early Asia trading after the S&P 500 and Nasdaq 100 indexes both...

Bloomberg Markets 26m ago

Latest Oil Market News and Analysis for Aug. 6

Oil Holds Three-Day Drop as Iran, Oman Reach Hormuz Agreement Oil held losses as Iran said it reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, raising the prospect of some energy flows resuming through the critical waterway. West Texas Intermediate traded near $75 a barrel, after losing 11% in the week’s first three sessions, while Brent closed above $79 on Wednesday. A joint statement from both countries is under review, and a deal would be struck if...

Bloomberg Markets 32m ago