Federal Reserve Governor Cook: Since the summer of last year, there has been a “clear shift” in the focus of risk. The risk of upward inflation has increased, while risks related to the job market have been mitigated. Currently, the overall job market remains stable.

Federal Reserve Governor Cook: Since the summer of last year, there has been a “clear shift” in the focus of risk. The risk of upward inflation has increased, while risks related to the job market have been mitigated. Currently, the overall job market remains stable.