Fed’s Lael Brainard says too soon to say whether inflation has peaked

Vice President of the Federal Reserve Lael Brainard He said he expected the central bank to raise interest rates by half a percentage point at its meeting later this month and again in July, but said it was too early to say whether the Fed could slow growth. interest rates after that. .

Ms Brainard said it was too early to conclude that inflation had peaked and that the next few months of data on price pressures and economic activity would be important in determining whether the Fed continued to raise interest rates by half a percentage point in September. unit or in the more traditional quarter increment.