Fed Brainard: Current pace of asset purchases remain appropriate for quite some time

<p>In a speech, Fed Governor Lael Brainard said that &#8220;given my baseline outlook, I expect that the current pace of purchases will remain appropriate for quite some time.&#8221; The outlook is &#8220;highly uncertain&#8221; and forecasts are &#8220;subject to revisions. The forward guidance is, thus, &#8220;outcome based and tied to realized progress on our goals.&#8221; Looking [&#8230;]</p>
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