Brady Says Support Growing in Congress for Fed Focus on Prices

U.S. Representative Kevin Brady said support is growing in Congress for the Federal Reserve to limit its mandate to ensure stable prices.

“I think there is growing support for a mandate focused on price, on inflation,” Brady, a Republican from Texas and vice chairman of the Joint Economic Committee, said in an interview today with Bloomberg Television.

To contact the reporter on this story: Ian Katz in Washington at ikatz2@bloomberg.net.

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

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