The Hawkish Turn at the Fed: Cook's Warning Shot on Inflation Federal Reserve Governor Lisa Cook has sent a clear signal to the markets and policymakers alike: she's prepared to support an interest rate hike if inflation doesn't show signs of easing soon.
Her remarks in Anchorage, Alaska, earlier this week have left little doubt about her hawkish stance on monetary policy.
Cook's comments come at a critical time for the Fed, which has been walking a fine line between tackling high inflation and supporting economic growth.