Lael Brainard

The U.S. equities established equilibrium into lower supports this week.

U.S. consumer prices increased more than expected in August as rising rents and healthcare costs offset a drop in gasoline prices, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest rates this year.
Wall Street opened lower today, with energy stocks falling on lower oil prices and financials hit by diminished prospects of an interest rate hike in the near term.
The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said yesterday in comments that solidified the view the central bank would leave interest rates unchanged next week.

Global equity markets received a boost today after remarks from Fed governor Lael Brainard lowered the odds of an imminent rate hike when the Federal Reserve meets next week.