Fed/Cook: "Further rate cuts may come cautiously."

◻️ Fed Governor Lisa Cook indicated that the US Federal Reserve may be cautious about further rate cuts.

◼️ Cook; In her speech; She emphasized that the labor market is resilient, but inflation is stickier than expected. Therefore, she stated that further rate cuts should be cautious.

◻️ Cook said that she thought it would be appropriate to make the rate cut gradually. She also stated that the US started 2025 in good shape and inflation is moving towards the 2% target.