{
  "id": 10493863,
  "title": "Fed’s Cook says AI, Iran risks could keep inflation pressures high",
  "url": "https://urgent.news/2026/09/28/feds-cook-says-ai-iran-risks-could-keep-inflation-pressures-high",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-28T17:33:59.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/feds-cook-says-ai-iran-risks-could-keep-inflation-pressures-high-202609281733"
  },
  "original_language": "en",
  "account": "Federal Reserve Governor Lisa Cook warned during her speech in Oakland, California, that future adjustments to the Fed funds rate will be influenced by inflation and labor market data. She anticipates continued inflation pressures stemming from AI advancements and the US-Iran conflict. The Fed's limited tools make it difficult to address potential job losses due to AI adoption. While there is some optimism about the pace of AI integration minimizing net job losses, the gains are unlikely to offset broadening inflation this year. Signs of inflation pressure are evident in the recent data. There is limited evidence that AI is altering the labor market structure, and the Federal Reserve would face constrained options if such a scenario arises. Lowering interest rates could inadvertently fuel inflation.",
  "summary": "Federal Reserve Governor Lisa Cook, in a speech in Oakland, California, said that the number and magnitude of future adjustments to the Fed funds rate would depend on inflation and labour market data.",
  "key_points": [
    "Fed Governor Lisa Cook warns of AI, Iran risks influencing future Fed rate adjustments",
    "Inflation pressures expected to persist due to AI advancements and US-Iran conflict",
    "Limited Federal Reserve tools make addressing AI-related job losses challenging"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Fed's Cook sees signs that AI inflation is broadening to other sectors",
        "url": "https://urgent.news/2026/09/28/feds-cook-sees-signs-that-ai-inflation-is-broadening-to-other-sectors",
        "published": "2026-09-28T18:13:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}