PANews reported on January 6 that Fed Governor Cook said: The Fed can take more cautious measures in cutting interest rates. Inflation is expected to gradually but unevenly fall to the 2% target. The labor market is more balanced and is not the source of inflation. Inflation and employment risks are "basically balanced."

In his speech, Fed Governor Cook said that artificial intelligence could bring benefits to financial innovation, but bias or errors in the model could lead to risks. He also pointed out that risk factors for financial stability include areas such as private credit and artificial intelligence.