In remarks at an event held by The Brookings Institution, Lisa Cook said she supports the independence of the Federal Reserve.

Cook said Fed policy is not on a predetermined path. "We are at a moment when risks to both sides of the dual mandate are elevated."

Federal Reserve Governor Lisa Cook said the ongoing risks for both inflation and the labor market create a teachable moment for how the Fed must proceed carefully when it comes to future interest rate cuts.

Cook — who previously taught at Michigan State University as a professor of economics and international relations — noted that it's a moment that she might tap into one day if she ever returns to the classroom.

And she cleverly noted that going back to teaching isn't something she wants to do too soon.

Cook, of course, has be

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