March 27, 2023
President Joe Biden is about to appoint Lael Brainard, vice chairman of the US Federal Reserve, as his chief economic adviser, bringing the deputy central banker to the White House as one of Washington’s top financial policymakers. Brainard will become the next director of the National Economic Council, the White House’s top government economic policy
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New York CNN — The White House is considering replacing chief economist Brian Deese with a number of senior federal government officials, including Federal Reserve Vice Chairman Lael Brainard and Deputy Treasury Secretary Wally Adeyemo, a person familiar with the matter told CNN Wednesday. The process of replacing Diz as head of the powerful National
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The vice chair of the US Central Bank said the Federal Reserve still has “extra work” to fight inflation, even as it backed a slowdown in future rate hikes. Speaking on Monday, Lael Brainard said the Fed should “soon” end its string of over-the-top interest rate hikes. higher rates by 0.75 percentage points at each
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