On Friday’s “CNN Newsroom,” White House National Economic Adviser Lael Brainard responded to a question on if International Longshoremen’s Association President Harold Daggett’s large salary came up during negotiations over the port strike where higher wages were demanded by stating
On Tuesday’s broadcast of CNBC’s “Squawk Box,” White House National Economic Council Director Lael Brainard responded to a question on real wages declining over the last three-and-a-half years by stating that “it is difficult for American consumers,” but “people actually
On Tuesday’s broadcast of CNBC’s “Money Movers,” White House National Economic Council Director Lael Brainard reacted to the January CPI inflation report by stating that there are probably “some anomalies in today’s report” and that overall data on the economy is
On Friday’s broadcast of CNBC’s “Squawk on the Street,” White House National Economic Council Director Lael Brainard stated that 2023 is “a good year for the American worker, the American economy.” But it “takes a while” for people to feel
On Wednesday’s broadcast of “CNN This Morning,” White House National Economic Council Director Lael Brainard argued that the economy is better off than it was before, but home affordability challenges are still “very great,” and that people are also upset
On Friday’s broadcast of NPR’s “All Things Considered,” White House National Economic Council Director Lael Brainard stated that Americans are generally happy with their personal finances “But, at the same time, when Americans look at particular prices, they’re not coming
On Monday’s broadcast of CNBC’s “Squawk Box,” White House National Economic Council Director Lael Brainard reacted to negative poll numbers on the economy by stating that “the economy is performing exceptionally well” but “people have been through a very challenging few
On Monday’s broadcast of Bloomberg’s “Balance of Power,” White House National Economic Council Director Lael Brainard broke with Treasury Secretary Janet Yellen’s assessment that the rise in Treasury yields that increases the cost of the U.S. government borrowing money isn’t
On Friday’s broadcast of CNBC’s “Squawk on the Street,” White House National Economic Council Director Lael Brainard asserted that we’re “on a sustainable fiscal path” due to the deal brokered between Congress and the White House on spending a few
On Friday’s broadcast of CNBC’s “Squawk on the Street,” White House National Economic Council Director Lael Brainard reacted to the August personal consumption expenditures (PCE) price index showing the inflation rate going up 0.4% on a monthly basis and 3.5%
President Biden is planning to tap Federal Reserve Vice Chair Lael Brainard to serve as director of the National Economic Council, according to a Wall Street Journal report.
The yield curve uninverted on Tuesday morning. The proximate cause seems to be the hawkish inflation-fighting rhetoric now coming from typically “dovish” Fed officials.
Biden’s nominee for the second-highest position at the Fed rejected calls for the Fed to advance a climate change agenda through its bank supervision powers.
