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You are here: Business > Economy > US Fed official says reducing high inflation 'most important task' E-mail Xinhua, January 14, 2022 Adjust font size: U.S. Fed governor Lael Brainard said on Thursday that reducing high inflation is the central bank's "most important task". "Inflation is too high and working people around the country are concerned about how far their paychecks will go," Brainard, President Joe Biden's nominee to serve as the central bank's vice chair, said at her confirmation hearing before the Senate Banking Committee. "Our monetary policy is focused on getting inflation back down to 2 percent while...
