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Fed’s Brainard: Forward guidance is a ‘vital’ way to provide necessary accommodation

July 14, 2020 at 07:01PM

Comments from the Fed Governor
Brainard didn’t offer much on the current state of the economy or high-frequency data. The general theme is that she’s cautious and worried and that’s similar to what we heard from Powell in his latest appearances. I don’t see much here to move markets.
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