According to CoinMeta, Federal Reserve Chairman Jerome Powell's deputy, Lael Brainard (also known as "Musaalem"), has recently expressed the following views: First, core inflation is between 2.5% and 3%, which is too high and must be reduced. Second, productivity is beginning to recover, and the best thing the Federal Reserve can do for economic growth is to bring inflation rates back down to 2%. Third, the recovery in productivity is driving up neutral interest rates. Fourth, credit is being squeezed out in some sectors of the economy. Fifth, forward guidance is useful when interest rates are at zero.