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At close · Thu, Oct 8, 2026
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Home›Bonds & Rates›Central Banks›Fed Governor Cook says she is prepared to act on a rat…

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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