Fed's Brainard: global troubles weighing on U.S., may delay rate hike
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Fed's Brainard: global troubles weighing on U.S., may delay rate hike
WASHINGTON (Reuters) – It may be impossible for the Federal Reserve to raise interest rates until the rest of the world economy improves, Fed board member Lael Brainard said on Tuesday, in the most direct acknowledgement yet of how weak global markets could handcuff the U.S. central bank.