Fed’s Braniard spoke earlier – recap on her swing a little more hawkish

Lael Brainard is a Governor of the Federal Reserve System; she spoke earlier today (late US time):

In part, Brainard warned:

  • High asset prices and growing economic pressure from U.S. fiscal stimulus mean financial markets may be particularly vulnerable to an unexpected shock,

For more,

Bloomberg:

and the (gated) Wall Street Journal :

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