• Seth Golden posted an update 5 years, 6 months ago

    Feds Lael Brainard speaking

    trade conflict creating uncertainty
    consumers remain confident, job market is strong
    now is a bad time to weaken rules on biggest banks
    underlying trend inflation somewhat below that 2% goal
    sees benefits of letting inflation run mildly above 2%
    couple years overshoot may boost price expectations
    repeat support for turning on countercyclical buffer
    low unemployment is helping workers at the margin of the labor market, but continued low interest rates do raise financial market risks
    we inflation poses risks that households and businesses could set expectations in a way that makes it harder for the Fed to hit its inflation goal in the future

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