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Fed: Brainard, inflation in the US is too high

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Vice-president of the institute after + 7% in December, maximum in 40 years

(ANSA) – WASHINGTON, 13 JAN – “Inflation is too high”: this is the alert that Fed Vice President Lael Brainard will launch, according to the anticipations of his speech tomorrow in a hearing in the Senate, at the the day after the December inflation figure (+ 7%), the highest in about 40 years.

“Our monetary policy is geared towards reducing inflation to 2% while maintaining a recovery that includes the whole world. This is our most difficult task”, reads the text. (HANDLE).

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