[Federal Reserve Governor Cook Says Hiring Slows and Expresses Concern Over Rising Unemployment] Federal Reserve Governor Cook stated that based on a large amount of real-time data, hiring activities are slowing down, and there is no need for employment reports to confirm this. He pointed out that there is reason to be concerned about an increase in unemployment and emphasized the importance of using the latest data promptly in the December interest rate decision. Additionally, Cook stated that if inflation shows stronger persistence, the Federal Reserve will be prepared to take action.