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Fed Governor Cook says she is prepared to act on a rate hike
Cook said she was part of a 9-3 vote that kept the benchmark borrowing rate at 3.5% to 3.75% last week.
CNBC Markets reports that Fed Governor Cook said she is prepared to act on a rate hike to help address inflation.
Cook was part of a 9-3 majority that voted last week to keep the central bank's benchmark borrowing rate in a range between 3.5% and 3.75%.
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