Fed's Brainard: Global financial-market stress, possible channels to US an important consideration for monpol

Additional headlines are crossing the wires from the Fed Governor Lael Brainard, with key points, via Reuters, found below.

• Rising oil prices seen taking some disposable income away from U.S. consumers; yet U.S. drilling and mining sectors getting a boost.
• Global financial-market stress, possible channels to U.S. an important consideration for monetary policy.
• Valuations still pretty elevated in equity, credit markets; leverage up among riskier corporates but not in financial sector.
• Conditions not yet risky enough to raise countercyclical capital buffer for U.S. banks