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Fed Gov Brainard text out a little earlier,.....>

FED
FED: Fed Gov Brainard text out a little earlier, again echoing comments from
Powell et al.  on corporate debt excesses potentially amplifying economic
shocks. "Policy should seek to moderate financial vulnerabilities when they are
likely to materially exacerbate an economic downturn, leading to deeper declines
in output and higher levels of unemployment". House Financial Services
subcommittee Q&A with her at 1000ET.

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