Fed Vice Chairman Brainard swears 'we'll be here as long as it takes' to stop inflation

Fed Vice Chairman Brainard swears ‘we’ll be here as long as it takes’ to stop inflation

Federal Reserve Vice Chair Lael Brainard pledged on Wednesday to continue the fight against inflation, which she says hurts low-income Americans the most. That will mean more interest rate increases and keeping rates higher for longer, she said in prepared remarks for a speech in New York. Brainard cushioned the remarks by acknowledging that policymakers …

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