Published Date Jun 26, 2024

Fed Gov. Lisa Cook was more dovish at an appearance at the Economic Club of New York. “At some point, it will be appropriate to reduce the level of policy restriction to maintain a healthy balance in the economy,” she said in prepared remarks. “The timing of any such adjustment will depend on how economic data evolve and what they imply for the economic outlook and balance of risks.”

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By Caroline Gaudette

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