Economics

Fed Officials See Bright Economic Outlook -- and a Need for Aid

  • High uncertainty warrants Fed policy patience, Brainard says
  • Mester, Bostic, Harker, Daly and Bullard have similar message
WATCH: Federal Reserve Governor Lael Brainard says policy makers must show continued patience as the economy remains far from the central bank’s objectives.Source: Bloomberg)
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The U.S. economy is on the road to recovery but still faces risks and it’s premature to discuss reducing monetary policy support, according to a chorus of Federal Reserve officials.