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Fed's Cook signals potential rate hike if disinflation trend falters

Fed's Cook signals a possible rate hike if disinflation falters. Inflation at 3.3% in July priced at 30.5% YES.

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Fed's Cook signals a possible rate hike if disinflation falters. Inflation at 3.3% in July priced at 30.5% YES.

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%-3.75%.