Tag: Lael Brainard

Business

Federal Reserve says stock market increase, ‘ebullient’ buyers warrant warning

Booming shares, internet-driven "meme" investments and the black field of hedge fund financing pose rising dangers because the U.S. economic system emerges from the coronavirus pandemic and investor urge for food soars, the Federal Reserve warned on Thursday in its newest report on monetary stability. "With buyers ebullient on expectations for a powerful rebound, it is very important intently monitor dangers to the system and make sure the monetary system is resilient," Fed Governor Lael Brainard stated in an announcement launched alongside the U.S. central financial institution's semi-annual report, which reiterated some longstanding considerations and highlighted new ones. Business actual property stays doubtlessly susceptible, the Fed stated, significantly after a pandemic which will di...