Brainard Says Rate Policy May Need to Be Accommodative for a Long Time

Wall Street Journal, Feb. 21, 2020–Nick Timiraos (subscription)
Interest rates will need to remain at historically low levels for a lengthy period to return inflation to the Federal Reserve’s 2% inflation goal, said Fed Governor Lael Brainard at a conference Friday.
https://www.wsj.com/articles/brainard-says-rate-policy-may-need-to-be-accommodative-for-a-long-time-11582298118?mod=hp_major_pos1#cxrecs_s