Additional comments from Fed Governor Lael Brainard continue to cross the wires as she speaks in an interview with Yahoo Finance.
Key quotes (via Reuters)
- Effects of yield curve control would be comparable to quantitative easing.
- Don’t see negative interest rates being a useful part of Fed’s arsenal.
- We need to avoid slippage in inflation expectations.
- Concerned about policies whittling away at core resilience of banking system.
- Risky corporate borrowers have taken on a lot of debt in this recovery.
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