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Fed's Cook: April market volatility will help hone financial stability assessment

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    Posted by Two Blokes May 23 - Filed in General - #TwoBlokesTrading  - 5 views
    Federal Reserve Governor Lisa Cook on Friday noted financial market volatility last month driven by the Trump administration's announcement of unexpectedly high tariffs did not result in the kind of U.S. market dysfunction triggered by the COVID-19 pandemic, but added that the experience would help "hone our ongoing assessment" of the stability of the financial system.