Fed's Brainard: Retail sales data this morning is a 'mess'

Federal Reserve governor Lael Brainard recently crossed the wires saying that this morning retail sales data was a 'mess'. 

Key quotes

• Downside risks have increased.
• Financial conditions have also tightened, taking that on board as look at year ahead.
• Being on hold on policy right now is the right place to be.

Source: Bloomberg.