Fed's Cook Signals Rate Hike Ready as Yields Hit 2007 Highs
Fed Governor Lisa Cook says she's prepared to back a rate hike over inflation, even as fresh productivity data complicates the picture. Plus, 30-year Treasury yields hit levels not seen since 2007, and Apollo's $7.7 billion EasyJet buyout heads toward a Friday deadline. In this episode: • Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation — https://www.cnbc.com/2026/08/05/fed-governor-cook-says-shes-prepared-to-act-on-rate-hike-to-address-inflation.html • US labor market stable; worker productivity accelerates in second quarter —…
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