Federal Reserve officials kept up the drumbeat of support for extending their run of interest-rate hikes, stressing the need to quash inflation that’s proved unexpectedly stubborn. Governor Lisa Cook, in her first speech since joining the central bank in May, dashed any hopes that she would would be a dovish voice at the Fed. She echoed her colleagues’ resolve in continuing tightening policy and then holding rates at restrictive levels until inflation comes down. “With inflation running well above our 2% longer-run goal, restoring price stability likely will require ongoing rate hikes and then keeping policy ... (full story)