Lael Brainard is a member of the Board of Governors of the Federal Reserve System, in the Q&A now
- Says reality is labor market strength has outstripped what most researchers see as steady state
- Says have seen a bit of stalling out on core inflation
- Says it is a question if US is at full employment yet
- Credit is flowing and it has been for some time
Headlines via Reuters
More:
- Fed looked carefully at sub-prime auto loans