White House’s Brainard: Economy is ‘upbeat’ and inflation is getting anchored at 2%

  • Consumer confidence and spending shows Americans faith in their personal finances
  • China’s slowdown, Red Sea disruptions are risks for US economy but appear contained
  • Biden to be vigilant that steel continues to be made in the US by Americas
  • Asked about lowering tariffs, says goods already seeing disinflation

There’s not much here to mull over.

This article was written by Adam Button at www.forexlive.com. Source