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Fed vice chair Brainard warns on inflation, financial stability risks
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fnlondon.comA senior Federal Reserve official said the central bank was attentive to financial tremors that could result from aggressive interest rate rises across the globe, but said it wouldn’t pull back prematurely on its efforts to beat high inflation.
Fed vice chairwoman Lael Brainard also warned that additional unforeseen developments could drive prices higher, extending a pattern where inflation accelerates despite forecasts that it has peaked.
The...
Read more on fnlondon.comAbout this in other media
Bank of England Further Expands Bond-Market Rescue to Restore U.K.’s Financial Stability wsj.com /1 year ago
Financial Stability Board lays out plans for crypto, stablecoins ambcrypto.com /1 year ago
Two Fed Officials Make Case for Caution With Future Interest Rate Raises wsj.com /1 year ago
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