Fed's Brainard: Will soon be appropriate to reduce the pace of its interest rates hikes – by fx_ross Fed DollarIndex
It will soon be appropriate for the Federal Reserve to reduce the pace of its interest rates hikes, Fed Vice Chair Lael Brainard said on Monday."Very cognizant" of potential spillovers, risks from coordinated central bank tightening.
Regarding ethics, the Fed has taken very rapid action to put in place processes to catch potential issues sooner.Employment outcomes for different demographic groups now similar to where they were pre-pandemic.Fed has shown "resolve" in attacking inflation, and will continue."Would be great" to see a return of workers, otherwise will need to restrain demand.
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