In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target. In October, it was reportedly 7.7 per cent.
Washington [US], October 11 (ANI): US Federal Reserve is expected to continue to keep its monetary policy restrictive for some time in order to ensure that high inflation numbers move back to target over time, according to the central bank's Vice Chair Lael Brainard.
New York [US] September 8 (ANI): Vice-Chair of the US Federal Reserve, Lael Brainard, said monetary policies need to be restrictive for "some time" to provide confidence that inflation moves down towards the target.
London [United Kingdom], July 11 (ANI) While expressing concerns about the crypto markets, Vice-Chair of the US Federal Reserve, Lael Brainard, has said it is important that the foundations for sound regulation of the crypto financial system be established now before the ecosystem becomes so