Fed's Brainard: Upward revisions to global growth will continue

Speaking at a panel at the Center for Global Development, Lael Brainard, a member of the Fed’s Board of Governors, argued that upward revisions to global growth will continue, posing fewer risks for the U.S.

Key quotes:

• Growth in the Eurozone is solid
• Emerging markets are doing better
• Markets and policymakers are aware of how important China is for global economy
• Downside risks from foreign economies is showing improvement