Brainard Says Fed Committed to Avoid Easing Prematurely

The transcript discusses the need for restrictive monetary policy to control inflation and the importance of data-driven adjustments to policy rates. It highlights the impact of US and foreign developments on the global financial system and emphasizes international collaboration in monetary and fiscal policies to address cross-border spillovers and financial vulnerabilities.

What role does communication with international monetary policy officials play in policy deliberation?

How can cross-border spillovers impact financial vulnerabilities in economic forecasts?