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Fed Vice Chair Lael Brainard says it’s hard to see the case for the Fed pausing rate hikes | NEWSRUX

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.”

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