Lael Brainard’s departure from the Fed to lead Biden's National Economic Council could be notable because of the role she played laying out a case for a marginally less aggressive monetary policy in a series of speeches in recent months https://t.co/i4r9YsPBOV
— Nick Timiraos (@NickTimiraos) February 14, 2023
Expect US rates to rise more aggressively, as such expect the same globally.
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