According to data from Golden Ten Data published by ChainCatcher, former senior official at the U.S. Federal Reserve Brainard recently publicly stated her position in a recent exchange. Brainard affirmed that, if given the opportunity to participate in the upcoming FOMC meeting, she would lean towards a more hawkish approach in handling interest rates—that is, committing to maintaining or even increasing pressure on borrowing costs.
In the absence of sufficient official data from statistical agencies, Brainard said she would rely on labor information from independent organizations to assess the labor market situation. Her stance reflects a firm position: not to rush to cut interest rates too early, but to continue pursuing a hawkish strategy to push back against inflationary pressures.
Brainard committed that the ultimate goal is to bring inflation back to 2% within the next two years. She emphasized that, from the perspective of American citizens, the most critical issue currently is dealing with rising inflation and the increase in consumer goods prices—factors that directly affect people’s quality of life.
Brainard’s statements indicate that policymakers at the Fed are still carefully balancing the goal of controlling inflation with maintaining economic stability, with a clear priority on curbing price pressures in the current phase.
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Brainard's steadfast strategy: Prioritizing inflation control over policy easing
According to data from Golden Ten Data published by ChainCatcher, former senior official at the U.S. Federal Reserve Brainard recently publicly stated her position in a recent exchange. Brainard affirmed that, if given the opportunity to participate in the upcoming FOMC meeting, she would lean towards a more hawkish approach in handling interest rates—that is, committing to maintaining or even increasing pressure on borrowing costs.
In the absence of sufficient official data from statistical agencies, Brainard said she would rely on labor information from independent organizations to assess the labor market situation. Her stance reflects a firm position: not to rush to cut interest rates too early, but to continue pursuing a hawkish strategy to push back against inflationary pressures.
Brainard committed that the ultimate goal is to bring inflation back to 2% within the next two years. She emphasized that, from the perspective of American citizens, the most critical issue currently is dealing with rising inflation and the increase in consumer goods prices—factors that directly affect people’s quality of life.
Brainard’s statements indicate that policymakers at the Fed are still carefully balancing the goal of controlling inflation with maintaining economic stability, with a clear priority on curbing price pressures in the current phase.