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- Fed Governor Lael Brainard: the Fed should delay its interest rate hike until it is clear that developments abroad do not have a negative effect on the recovery of the U.S. economy
Fed Governor Lael Brainard: the Fed should delay its interest rate hike until it is clear that developments abroad do not have a negative effect on the recovery of the U.S. economy
Fed Governor Lael Brainard said on Monday that the Fed should delay its interest rate hike until it is clear that developments abroad do not have a negative effect on the recovery of the U.S. economy.
"I view the risks to the economic outlook as tilted to the downside. The downside risks make a strong case for continuing to carefully nurture the U.S. recovery - and argue against prematurely taking away the support that has been so critical to its vitality," she said.
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