Brainard comments

  • Markets and policymakers have woken up to how important China is for growth
  • We are seeing the Eurozone growing more solidly than it has in some time
  • We've seen stabilization in Japan
  • Emerging markets, broadly speaking, are doing better
  • After many years of downward revisions to global growth, we're starting to see upward revisions
  • For the Fed, downside risks from foreign economies have greatly improved

Watch the panel live here.