Fed's Brainard Says Caution Warranted on Further Tightening

Federal Reserve Governor Lael Brainard said the U.S. central bank needs to pay careful attention to underlying inflation before raising interest rates again, as longer-run price pressure trends appear to be lower. “My own view is that we should be cautious about tightening policy further until we...

Fed's Brainard Says Caution Warranted on Further Tightening