Brainard reiterates that inflation is ‘transitory’

Lael Brainard
Lael Brainard

Lael Brainard reiterated the Federal Open Market Committee’s belief that recent high inflation figures are a temporary phenomenon, in remarks on July 30.

The Fed governor’s comments to the Aspen Economic Strategy Group follow the publication of the June figure for personal consumption expenditures inflation, which matches May’s figure at 4%.

PCE inflation is the Fed’s target measure for monetary policy. Consumer price index inflation, another commonly used measure of inflation, reached 5.4% in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: