Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
20 Articles
20 Articles
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. In remarks at a conference hosted by the Federal Reserve Bank of New York, Brainard said that international turmoil still threatens to disrupt global supplies of commodities and manufactured parts, a key factor pushing inflation higher. Additio…
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. In remarks at a conference hosted by the Federal Reserve Bank of New York, Brainard said that international turmoil still threatens to disrupt global supplies of commodities and manufactured parts, a key factor pushing inflation higher. Additio…
Fed vice chair warns 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.The post Fed vice chair warns rates to stay high, notes global impact first appeared on Maryland Daily Record.
Brainard Says Fed Committed to Avoiding Pulling Back Prematurely - BNN Bloomberg
Federal Reserve Vice Chair Lael Brainard said the US central bank will need to keep interest rates high for some time to bring inflation down, even as she acknowledged the need to watch global financial-stability risks from rising borrowing costs.
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