Dr. Lisa DeNell Cook, of Michigan, nominated to be a Member of the Board of Governors of the Federal Reserve System, listens during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022.
REUTERS/Ken Cedeno/Pool/File photo Acquire Licensing RightsWASHINGTON, Nov 6 (Reuters) - Federal Reserve Gov.
Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target.
"But we will continue to be vigilant," to ensure the inflation target is reached.
Reporting by Howard SchneiderOur Standards: The Thomson Reuters Trust Principles.
Persons:
Lisa DeNell Cook, Ken Cedeno, Lisa Cook, Cook, Howard Schneider
Organizations:
Governors, Federal Reserve, Banking, Housing, Urban, Capitol, Washington , D.C, REUTERS, Rights, Duke University, Thomson
Locations:
Michigan, Washington ,