Federal Reserve Governor Cook: Inflation risks have now outweighed employment risks, and action will be taken if inflation does not subside.
Federal Reserve Governor Cook warned that the AI investment boom, combined with supply shocks from tariffs and Middle East conflicts, is tipping inflation risks above employment risks. Although the June CPI declined month-over-month for the first time in six…
Price at publishQQQ 717.20 / -0.35%SPY 754.62 / +0.37%