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Fed's Cook: should be cautious interpreting yield curve inversion

Nov 30 (Reuters) - Federal Reserve Governor Lisa Cook on Wednesday urged "caution and humility" in interpreting the inverted yield curve as a signal that a recession may be ahead as the Fed raises interest rates to curb "unacceptably high" U.S. inflation.

"There's no economic reason to believe that this has predictive power," Cook told the Detroit Economic Club. (Reporting by Ann Saphir and Michael S. Derby)

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