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NewsEconomic Indicator

Fed's Cook: Balance of risks has shifted toward inflation by Iran war

ReutersMar 26, 2026 9:17 PM

NEW HAVEN, Connecticut, March 26 (Reuters) - Federal Reserve Governor Lisa Cook said on Thursday the war in Iran has in her view shifted the balance of risks for the central bank's dual mandate of price stability and full employment more toward inflation.

"I see the balance of risks as being largely, on net, in balance, but I would argue that the inflation risk is greater right now as a as a result of the Iran war," Cook said at an event at the Yale School of Management.

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