Fed’s Brainard: Have seen a bit of stalling out on core inflation

Reuters reported comments from Lael Brainard, a member of the Fed’s Board of Governors, delivered earlier on the day, as he responded to the Q&A session following his speech.

During her speech, she made no remarks on the economic outlook or monetary policy.

Key Headlines:

Reality is labor market strength has outstripped what most researchers see as steady state

Have seen a bit of stalling out on core inflation

It is a question if US is at full employment yet

Credit is flowing and it has been for some time