New products, business models, and technologies can add to familiar risks such as excessive leverage, but also create ”novel shocks,” she said.

The Federal Reserve has scrubbed a "Diversity and Inclusion" section from its website, with previous links to a statement of the U.S. central bank's diversity standards and data on the racial, ethnic ...

It is highly unlikely that the Federal Open Market Committee will cut interest rates on January 29. However, a cut in March ...

Federal Reserve Governor Lisa Cook on Monday gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market. “Valuations are elevated in a number of ...

Other Fed officials have recently suggested that the Fed will move more slowly on rate cuts this year, after cutting at each of its last three meetings in 2024. Lisa Cook, a member of the Fed’s ...

Federal Reserve governor Lisa Cook said Monday that the central bank can afford to take a more gradual approach to interest-rate cuts in the months ahead, even though further reductions will likely be ...

Cook became the latest Fed official in the new year to offer cautious commentary on the path forward for the central bank. Lisa Cook in 2023 testified before a Senate Banking Committee hearing on ...

(Bloomberg) -- Federal Reserve Governor Lisa Cook said policymakers can proceed more cautiously with interest-rate cuts, citing a sturdy labor market and lingering inflation pressures.

Almost all Federal Reserve officials agreed in their last meeting that "upside risks to the inflation outlook had increased" ...

“Since September, the labor market has been somewhat more resilient, while inflation has been stickier than I assumed at that time,” Fed Governor Lisa Cook said Monday. “Thus, I think we can afford to ...