Ms. Cook is the first Black woman ever confirmed as a governor at the Federal Reserve.
Tag: Federal Reserve System
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Fed Confronts Why It May Have Acted Too Slowly on Inflation
Central bankers have been asking whether they should have reacted faster to rising inflation last year — and are learning from the recent past.
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Fed Officials Are on the Defensive as High Inflation Lingers
Critics have accused the Federal Reserve of not reacting quickly enough to tame rising prices. On Friday, a Fed governor explained why it took so long.
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Stocks Slide, Erasing Wednesday’s Gains
Swings in the stock market have become amplified lately, as investors worry that inflation and fast-rising interest rates could hit spending, profits and — ultimately — economic growth.