4/7, 9:58 PM (Source: TeleTrader)
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Fed's Brainard: US outlook brightened considerably

Member of the Federal Reserve Board of Governors, Lael Brainard, shared on Wednesday that the United States economic outlook has brightened considerably.

Speaking to CNBC, Brainard warned that it would take "some time" to reach the targeted employment and inflation goals, with the timeframe depending on gaining control over the coronavirus pandemic.

Brainard noted that she considers the financial conditions are currently "very accommodative and supportive," and go in favor of the country's recovery from the coronavirus crisis.

Breaking the News / ND