Fed’s Cook: It will be appropriate to cut to neutral over time

  • The labor market has cooled in the past year but remains solid
  • Risks to inflation and employment are roughly on balance
  • Labor market is not a source of inflation
  • I see private credit and AI among financial stability risks
  • The Fed can proceed more cautiously in cutting rates

These comments were released slightly early.

This article was written by Adam Button at www.forexlive.com. Source