 Fed Vice Chair Lael Brainard said in a speech yesterday, even with the recent moderation, inflation remains high, and policy will need to be sufficiently restrictive for some time to make sure inflation returns to 2 percent on a sustained basis. The FOMC moved policy into restrictive territory at a rapid pace and subsequently downshifted ... The post Fed Brainard: Policy will need to be sufficiently restrictive for some time appeared first on Action Forex... 