'What is the moral of monetary policy here? What is driving monetary policy? And in the end, it's either the whims of the stock market or it's political pressure — or at least that's what it seems,' this expert said on the Fed's policy decisions.
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Fed Gov. Brainard: 'Downside risks have definitely increased' on the economyBrainard endorsed a patient approach on rate hikes, particularly considering 'crosscurrents' that are building up for growth.
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