Additional comments from the Federal Reserve governor Lael Brainard as she speaks at the Detroit Economic Club, Detroit, Michigan.
Key quotes (via Reuters)
- It’s very early to assess if U.S. Fiscal stimulus is boosting productivity or supply side.
- Trade is a source of uncertainty right now, not seeing discernible impact on prices, confidence.
- Not seeing housing affordability as headwind on the expansion.
- I’m hopeful Fed gets open fed governor spots filled soon.