Fed's Brainard sees mounting negative risks for U.S. economy
Jan 18 (Reuters) - Federal Reserve Governor Lael Brainard on
Friday became the latest U.S. central banker to worry publicly
about rising risks for the U.S. economy, suggesting she could
embrace a pause on raising interest rates that has won support
among most of her peers.
Uncertainty -- over how long the partial government shutdown
will last, the outlook for trade with China, and the fate of
Britain's relationship with the rest of Europe -- is creating
negative risks, Brainard said in a Marketplace radio interview,
despite a labor market she said was currently "extremely"
"We are not seeing as much risks out there that would be a
positive surprise," she said. "The longer these drag on the more
I worry that they really materially weigh on consumer
confidence, business confidence, and then start to work their
way through actual activity in the economy."
(Reporting by Ann Saphir in San Francisco;
Editing by Sandra Maler)
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