Fed’s Brainard (Voter, Dovish) says gradual rate hikes “appropriate in the near term”; expects solid US growth next year, although some tail winds are fading

Expects trend inflation to remain around target Gradual rate hike path will increasingly depend on evolving US outlook; highlights a data dependent approach Mentions softening overseas economies, Brexit risks, trade uncertainty, recent tightening of US financial conditions, fading fiscal stimulus likely in 2020 (Newswires)