April 20, 2018 / 5:44 PM / a month ago

Fed's Brainard: U.S. outlook consistent with "continued gradual" rate hikes

WASHINGTON, April 20 (Reuters) - Federal Reserve Governor Lael Brainard on Friday said that the U.S. economy appears capable of handling further interest-rate increases in the near future.

“My anticipation is that the outlook is for continued, solid growth,” she said in an interview with CNBC. “The outlook looks consistent to me for continued gradual increases in the federal funds rate.”

Reporting by Lisa Lambert and Eric Walsh Editing by Chizu Nomiyama

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