- Analytics
- News and Tools
- Market News
- Federal Reserve Governor Lael Brainard: there are no signs of a significant bounce-back in the U.S. economy in the second quarter
Federal Reserve Governor Lael Brainard: there are no signs of a significant bounce-back in the U.S. economy in the second quarter
Federal Reserve Governor Lael Brainard said in Washington on Tuesday that there are no signs of a significant bounce-back in the U.S. economy in the second quarter. She added that it might better to delay the interest rate hike. But the Fed governor did not rule out the interest rate hike this year.
"If continued labor market strengthening is confirmed and inflation readings continue to improve, liftoff could come before the end of the year," she said.
Brainard noted that she was concerned that the recent economic weakness might be not entirely transitory.
Brainard is a voting member of the Federal Open Market Committee this year.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
