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    08.03.2016 10:15 Fed Governor Lael Brainard: the Fed should be patient in hiking its interest rate further

    Fed Governor Lael Brainard said on Monday that the Fed should be patient in hiking its interest rate further.

     

    "Tighter financial conditions and softer inflation expectations may pose risks to the downside for inflation and domestic activity. From a risk-management perspective, this argues for patience as the outlook becomes clearer," she said.

     

    Brainard also said that developments abroad could have a negative impact on the U.S. economy.


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