Here is the translated output: Federal Reserve Governor Cook: Ready to Act If Inflation Does Not Slow Soon

Odaily Planet Daily News: Federal Reserve Governor Cook said on Wednesday that it is wise to wait for a period of time for inflation to slow down, but if it does not slow down soon, she is ready to take action. Cook stated that more time should be given to observe how inflation develops, and that future risks remain mainly focused on the upside of inflation, driven by price pressures from the AI investment boom, tariffs, and the war in Iran. Cook said she is fully committed to the inflation target and noted that the balance of risks has changed significantly compared to about a year ago, with inflation risks now outweighing employment risks.