The guys had the news on Brainard overnight:
- Fed's Brainard Q&A: Return from financial crisis is always slow
- Full text of the speech from the Fed's Brainard and live video
- Federal Reserve's Brainard: Urges continued 'prudence' before hiking
Reuters have a recap up that's worth a read also: Fed looks unlikely to hike next week after Brainard warning
- Brainard said she wanted to see a stronger trend in U.S. consumer spending and evidence of rising inflation before the Fed raises rates, and that the United States still looked vulnerable to economic weakness abroad.
- "Today's new normal counsels prudence in the removal of policy accommodation"
