Fed's Cook (voter) says she is focused on inflation risks and noted that when when considering the proper stance of monetary policy, she sees risks to both sides of the dual mandate

Fed's Cook's remarks signal a cautious approach as she highlights stalled progress on inflation, which raises concerns for future monetary policy. Emphasizing the importance of credibility, her comments suggest a potential bias towards maintaining a hawkish stance despite the recent disinflationary trends, indicating scrutiny for future rate decisions and market reactions during the Asian session.