Federal Reserve

Fed should be cautious in face of weak inflation: Brainard

U.S. inflation is falling "well short" of target so the Federal Reserve should be cautious about raising interest rates any further until it is confident that prices are headed higher, an influential Fed policymaker said on Tuesday.

Fed should be cautious in face of weak inflation: Brainard

U.S. inflation is falling "well short" of target so the Federal Reserve should be cautious about raising interest rates any further until it is confident that prices are headed higher, an influential Fed policymaker said on Tuesday.