Feds Brainard: Fed is talking strong actions to bring inflation down

The FOMC Board of Governor member Lael Brainard is speaking at Johns Hopkins University School of Advance International Studies commencement ceremony. She says:

• The Fed is taking a strong actions to reduce inflation
• High inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is the Fed's most pressing challenge

As a board member, Brainard is a permanent voting member on the FOMC. She was recently confirmed as the Fed Vice Chair.

The full speech can be found here. It is a commencement address. Unless she speaks to the press, there is not much there except life lessons for the graduates from the Fed Vice Chair.

Back in April, she had a lot to say in a WSJ article. You can read about HERE. WSJ article is HERE