(Reuters) – National Economic Council Director Lael Brainard on Wednesday said the latest U.S. economic data shows that upward price pressures can and are receding without a surge in unemployment …
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WASHINGTON (Reuters) – U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation would continue to improve in the second half of the year, and said it …
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By David Lawder WASHINGTON (Reuters) – White House economic adviser Lael Brainard said on Wednesday the U.S. banking system is “sound” and stable after two bank failures last month, but …
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(Reuters) – Lael Brainard is stepping down as Federal Reserve vice chair, the U.S. central bank said on Tuesday, confirming her departure as the Fed’s second in command the same …
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WASHINGTON (Reuters) – President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard and his trusted confidant Jared Bernstein as top economic advisers after financial markets close …
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By Howard Schneider WASHINGTON (Reuters) – The successive shocks to global supply chains from the pandemic and the war in Ukraine could “herald a shift” to an era of more …
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(Reuters) – One of President Joe Biden’s key nominees to the Federal Reserve, Lael Brainard, is set to move a step closer to confirmation on Monday, with the possibility she …
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– Federal Reserve Board Governor Lael Brainard on Friday laid out a case for the role a U.S. central bank digital currency could play in bolstering financial stability as the …
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By Ann Saphir and Howard Schneider – Controlling inflation that has spiked to nearly a 40-year high is the “most important task” facing the Federal Reserve right now, Fed Governor …
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WASHINGTON – Federal Reserve Chair Jerome Powell will make his first public appearance of 2022 next week as lawmakers consider him for a second four-year term, while President Joe Biden …
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– The Senate Banking Committee will consider the nomination of Federal Reserve Governor Lael Brainard for Fed vice chair of supervision on Jan. 13 at 10 a.m. Eastern (1500 GMT), …
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NEW YORK – President Joe Biden ended months of speculation over his pick to run the Federal Reserve in reappointing Jerome Powell as chair and promoting Fed Governor Lael Brainard …
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– Atlanta Federal Reserve President Raphael Bostic said on Monday President Joe Biden’s decision to nominate Jerome Powell for a second term as Fed chair removes uncertainty for policymakers and …
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– Federal Reserve Chair Jerome Powell and Fed Governor Lael Brainard on Monday both noted the corrosive impact high inflation is having on the U.S. economy and American families in …
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NEW YORK – U.S. Senator Elizabeth Warren on Monday reiterated her opposition to the renomination of Federal Reserve Chair Jerome Powell, stating that she will vote against his nomination after …
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NEW YORK – Federal Reserve Chair Jerome Powell was nominated for a second four-year term by President Joe Biden on Monday, extending a tenure that began somewhat by chance, survived …