Federal Reserve Governor Lisa Cook delivered a speech at the Brookings Institute in Washington, DC, highlighting the Federal Reserve's focus on stable prices and maximum employment. Cook reiterated the commitment to a 2% inflation target, echoing Fed Chairman Jerome Powell's recent remarks. She described the employment market as 'solid, though gradually cooling,' and emphasized the importance of data-driven decisions for the upcoming December meeting. Cook is currently engaged in a legal dispute with the Trump administration over alleged mortgage fraud.