• Fed's Brainard: persistently low inflation raises risk that underlying prices have softened

Market news

7 March 2018

Fed's Brainard: persistently low inflation raises risk that underlying prices have softened

  • 'Headwinds shifting to tailwinds,' but ready to slow or quicken rate hikes if forecasts wrong

  • Encouraged by 'substantial' fiscal stimulus, full employment, above-trend growth

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