President Trump signed a new funding bill pushed forward by Congress to reopen the federal government on Wednesday, opening up the floodgates for a massive inflow of economic data for the Federal Reserve to examine ahead of the central bank’s December FOMC meeting.
Former Federal Reserve Vice Chair Lael Brainard speaks with Yahoo Finance executive editor Brian Sozzi about the state of the US economy, the affordability crisis placing more financial strain on Americans, and why she would back current Fed officials cutting rates again on the backdrop of inflation and labor market risks.
Brainard has previously served as the director of the National Economic Council (NEC) under President Biden, as well as the Under Secretary of the Treasury for International Affairs under the Obama administration.
For full interviews, highlights, and key insights, check out more from Yahoo Finance Invest: https://finance.yahoo.com/topic/yf-invest/
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