Federal Reserve Governor Lael Brainard At The Council On Foreign Relations, Washington, D.C., June 3, 2016, The Economic Outlook And Implications For Monetary Policy

In recent months, financial conditions have eased, and there are encouraging signs that consumption has regained momentum. On the other hand, there are tentative signs of slowing in the labor market and risks remain.¹ We cannot take the resilience of our recovery for granted.