Name: Lael Brainard

Summary: What Happened to the Great Divergence?: "As policy adjusts to the evolution of the data, the combination of heightened spillovers from weaker foreign economies, along with a lower neutral rate, could result in a lower policy path in the United States relative to what many had predicted."

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: February 26, 2016

Publication Date: February 26, 2016

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