Federal Reserve Governor Cook said there are reasons to believe inflation will continue to cool, according to a report cited by ChainCatcher from Jinshi. At the same time, Cook warned that several factors could keep price pressures in place. She specifically pointed to tariffs, conflict in the Middle East, and investment tied to artificial intelligence as sources of ongoing risk. The remarks indicate that while the inflation outlook may be improving, uncertainty around future price dynamics has not disappeared. The comments were reported as a policy-related update.
Federal Reserve Governor Cook said there are reasons to believe inflation will continue to cool, according to Jinshi as cited by ChainCatcher.
Cook also said tariffs, conflict in the Middle East, and artificial intelligence investment could keep price pressures in place, and that related risks remain.
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