Fed Vice Chair Lael Brainard said yesterday that “monetary policy will need to be restrictive for some time to provide confidence that inflation is moving down” to 2% target. She added Fed will need “several months of low monthly inflation readings to be confident that inflation is moving back down to 2%.” “Our resolve is firm,” […]
The post Fed Brainard: Monetary policy will need to be restrictive for some time appeared first on Action Forex.