Brainard to Say Inflation Too High in Senate Testimony

The transcript discusses Lael Brainard's upcoming testimony before Congress, focusing on her role as vice chair of the Federal Reserve and her emphasis on tackling high inflation. The discussion highlights the importance of monetary policy in controlling inflation and ensuring economic recovery. Olivia Rockman provides additional insights, noting the Fed's commitment to balancing inflation with employment. The transcript also covers key points from recent testimonies by Fed Chair Jerome Powell and expectations for Brainard's hearing, including potential questions on inflation, climate change, and employment.

What is Lael Brainard's primary focus as she prepares for her testimony in front of Congress?

• Enhancing digital currency

• Promoting international trade

• Tackling high inflation

• Reducing unemployment

According to Olivia Rockman, what is the relationship between economic recovery and inflation control?

• Inflation control is unrelated to employment

• Inflation control hinders economic recovery

• Economic recovery depends on controlling inflation

• Economic recovery is independent of inflation control

What role did Lael Brainard play in recent inflation targeting messaging?

• She was uninvolved

• She was a co-author

• She criticized the messaging

• She opposed the messaging

What does Jerome Powell predict about inflation in his testimony?

• Inflation will not affect employment

• Inflation will remain constant throughout the year

• Inflation will peak in the second half of the year

• Inflation will decrease in the first half of the year

What additional topics might Lael Brainard be questioned on during her hearing?

• Her stance on digital currencies

• Her views on international trade

• Climate change and employment

• Her opinion on tax policies