Name: Lael Brainard

Summary: Fed's Brainard: Global 'crosscurrents' may hit US: "She told CNBC that, while the recent core inflation number was "encouraging," she wanted to see more consistent movement toward the inflation target. Brainard noted that the Fed has made "a lot of progress" toward achieving full employment, but has not yet seen enough movement toward its inflation goal. "I'm going to be very focused on inflation, but I want to see a pattern. I want to see some persistence. That would give me comfort," she said."

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: March 7, 2016

Publication Date: March 7, 2016

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