brainard: US inflation ‘too high,’ lowering it a priority: Fed’s Brainard – Times of India

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WASHINGTON: US inflation is “too high” and the Federal Reserve will make the issue a priority, Lael Brainard, the nominee to take the number-two position at the central bank, said Wednesday.
The Fed’s “most important task” is to focus on “getting inflation back down to two percent while sustaining a recovery that includes everyone,” Brainard said in remarks prepared for delivery at her nomination hearing before the Senate Banking Committee on Thursday.



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