Former Federal Reserve Vice Chair Brainard: Supports hawkish rate cuts to address inflation

According to Jin Shi reports, former Federal Reserve Vice Chair Brainard stated in an interview that if she attends the upcoming FOMC meeting, she may choose a hawkish rate cut.

She pointed out that in the absence of official data, she would refer to non-government data sources for employment data. Brainard is inclined to cut rates once more and is committed to bringing inflation down to 2% within the next two years. She emphasized that for Americans, the top priority is inflation and prices.