Federal Reserve Vice Chair Lael Brainard mentioned Thursday that it is unlikely the central financial institution shall be taking a break from its present rate-hiking cycle anytime quickly.
Although she careworn that Fed policymakers will stay data-dependent, Brainard mentioned the most probably path shall be that the will increase will proceed till inflation is tamed.
“Proper now, it’s totally onerous to see the trigger for a pause,” she informed CNBC’s Sara Eisen throughout a stay “Squawk on the Road” interview. “We have nonetheless received a number of work to do to get inflation all the way down to our 2% goal.”
That is breaking information. Please verify again right here for updates.
#Fed #Vice #Chair #Lael #Brainard #onerous #case #Fed #pausing #fee #hikes