The Federal Reserve is “determined to stay the course” to address inflation and restore price stability, Fed Vice Chair Lael Brainard said. Speaking in Chicago, Brainard said that while inflation has declined in recent months, it remains high and will require time and resolve to bring it down to the Fed’s 2% target.
Brainard: Fed ‘staying the course’ in tackling inflation
The Federal Reserve is “determined to stay the course” to address inflation and restore price stability, Fed Vice Chair Lael Brainard said.
January 20, 2023 / By ICBA
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