Tag Archives: Brainard

Fed’s Vice Chair Lael Brainard said that ”there are reasons to think high inflation in the more labour sensitive “core services ex-housing” basket might reflect the pass-through of pandemic and war one-offs and not solely cyclical strength from tight labour markets.“Inflation has been declining over the past several months against …

US stocks pared earlier declines after Fed Vice Chair Lael Brainard said that it would be appropriate “soon” for the central bank to slow its pace of interest-rate hikes.The S&P 500 fell 0.1% after struggling for direction earlier in the session. The tech-heavy Nasdaq 100, which is typically more sensitive …

Fed Vice Chair Lael Brainard reiterated on Wednesday that the Fed’s policy rate will need to rise further and that they will need to keep the policy restrictive ‘for some time’.The US Dollar Index showed no immediate reaction to Brainard’s comments and was last seen losing 0.25% on the day …

Lael Brainard, Vice Chairwoman of the Fed said on Thursday that the Fed is monitoring mixed signals on the US economy, but the number one priority will still be getting inflation down. Brainard has added that she does expect to see some cooling of the economy over time, and that …

Federal Reserve official said on Tuesday the central bank’s top goal is to reduce soaring inflation, and she expressed confidence the central bank can moderate price pressures without triggering an economic downturn.“Inflation is too high,” said Fed governor Lael Brainard, who is awaiting Senate confirmation to serve as the Fed’s …

Fed Vice Chairwoman Lael Brainard said on Tuesday that the Fed is prepared to take stronger action if the inflation outlook and inflation expectations indicators suggest the need for such action. Brainard expects methodical interest rate increases and rapid reductions to the Fed’s balance sheet to bring U.S. monetary policy …

The biggest signal that Federal Reserve Governor Lael Brainard is a major candidate to succeed Jerome Powell as U. S. Fed Chair has generated a wave of speculations over how financial markets would react if Biden announced her as his nominee.The longest wait for the announcement in the modern era …