KM Financial Solutions | UPDATE 1-Fed’s Brainard calls for quick, strong action in next downturn
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UPDATE 1-Fed’s Brainard calls for quick, strong action in next downturn

UPDATE 1-Fed’s Brainard calls for quick, strong action in next downturn

Given low interest rates and
low inflation that’s less sensitive than in the past to changes
in the labor market, the Federal Reserve will need to act
proactively and aggressively to counter future downturns,
Governor Lael Brainard said on Friday.

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