Economic Club of Miami hosts Federal Reserve Board Governor Lisa D. Cook скачать в хорошем качестве

Economic Club of Miami hosts Federal Reserve Board Governor Lisa D. Cook

On February 4, 2026, Federal Reserve Governor Lisa D. Cook joined the Economic Club of Miami for a wide-ranging conversation on inflation, the labor market, AI, financial stability, and the Fed’s policy outlook. Governor Cook explains why inflation progress stalled above 2% (including tariff-related goods inflation), why the labor market looks “roughly in balance,” and why the Fed is holding rates steady while staying data-dependent. The discussion also covers consumer sentiment, a “two-speed” economy, commercial real estate risks, stablecoins and regulation, and why the Fed stays focused on its dual mandate. Learn more about the Economic Club of Miami at: https://www.econclubmiami.org 00:00 — Welcome + Economic Club of Miami intro 01:52 — Introducing Fed Governor Lisa D. Cook 04:09 — Cook’s opening remarks: outlook + dual mandate 06:14 — Inflation update: progress stalled; tariff-driven goods inflation 08:55 — Labor market: unemployment 4.4% + key risks 11:03 — AI: productivity upside vs. job disruption risk 12:09 — Growth outlook + “two-speed / K-shaped” economy 14:02 — Why sentiment is weak despite solid activity 17:36 — Policy stance: hold rates; credibility + data dependence 21:41 — Fireside chat begins with ECOM Founding Chairman Jon Hartley 22:01 — Fed Chair nominee question: Cook declines comment 23:55 — Inflation path: why PCE matters; tariffs as a one-time effect 25:32 — Labor market: stable but can turn quickly 27:39 — Policy stance: “mildly restrictive” + lag effects 29:17 — r* (neutral rate): innovation/AI + long-run view 32:20 — Financial stability: banks + commercial real estate 34:27 — GenAI: labor-augmenting vs. labor-replacing 37:08 — Stablecoins/crypto: regulation + payments innovation 39:56 — Fiscal vs. monetary: “stay in my lane” (dual mandate) 41:33 — Closing remarks + upcoming Economic Club events