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Fed's Cook says policy rate 'ever so mildly' restrictive
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Fed's Cook says policy rate 'ever so mildly' restrictive
Mar 11, 2026 3:02 AM

Feb 4 (Reuters) - U.S. Federal Reserve Governor Lisa Cook on Wednesday said she feels the policy interest ‌rate now is only mildly ​restrictive, and signaled she supports ‍taking time before reducing ⁠interest ⁠rates further. 

"We put a lot of ‌easing into the ​pipeline at the end of last year and ⁠I think ‍that ​given where the labor market is, where inflation is, this ‍is the right time to sit back and wait to see what happens," Cook said at ​the ‍Economic Club of Miami. "This rise in the price ​level should be temporary given the tariffs. So we'd like to see us get back to a disinflationary path, so ​I think it's mildly restrictive but ever so mildly restrictive."

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