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Fed Vice Chair Brainard warns against retreating from inflation fight prematurely

Summary by Ground News
Federal Reserve Vice Chair Lael Brainard says U.S. interest rates will likely have to remain high for an extended period. Brainard: International turmoil still threatens to disrupt global supplies of commodities. Last week, the Fed raised its benchmark interest rate by three-quarters of a percentage point for the third straight time.
2 months ago·Washington, United States

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Fed united on inflation front as Brainard rejects early rate cuts

The Federal Reserve's No. 2 official on Friday added her full endorsement of the U.S. central bank's higher-for-longer game plan for interest rates to curb inflation that new data shows is still running at more than three times policymakers' 2% target.

2 months ago·United Kingdom
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Brainard warns US rates to stay high, notes global impact

Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials.

2 months ago·United States
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Brainard warns US rates to stay high, notes global impact

Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials

2 months ago·United States
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Fed's Brainard Warns Against Premature Rate Cuts In Face Of High Inflation

Federal Reserve Vice Chair Lael Brainard said on Friday the U.S.

2 months ago·United States
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Brainard warns US rates to stay high, notes global impact

Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials

2 months ago·Washington, United States
Read Full Article

Fed Vice Chair Brainard warns against retreating from inflation fight prematurely

Fed Vice Chair Lael Brainard stressed the need to tackle inflation and the importance of not shrinking from the task until it is finished.

2 months ago·United States
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