• Fed's Brainard: Gradual Rate Increases Still Appropriate 'In the Near Term'

Market news

10 December 2018

Fed's Brainard: Gradual Rate Increases Still Appropriate 'In the Near Term'

  • Rate Path Increasingly Will Depend on How Economic Outlook Evolves

  • Risks on 'Both Sides' of Economic Outlook

  • Economy Has Been Strong, Recent Wage Growth 'Welcome'

  • 'Some Tailwinds' to Economic Growth Are Fading

  • Global Growth Has Moderated

  • U.S. Fiscal Policy Impetus Likely to Fade Going Into 2020

  • Financial Conditions Have Tightened in Recent Months

  • Seeing Elevated Vulnerabilities in Non-Financial Business Sector

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