Federal Reserve Governor Lael Brainard said that the central bank can raise interest rates more aggressively to dampen the high rate of inflation felt by Americans.
Brainard, who is awaiting a confirmation vote to serve in the central bank’s number two role, added that policymakers are attuned to the disparate impacts of inflation on particularly lower-income households.
“Currently, inflation is much too high and is subject to upside risks,” Brainard said at a conference Tuesday. “The…
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