Lael Brainard, the Fed’s vice chair, will become a top economic adviser along with Jared Bernstein, who will head the Council of Economic Advisers.
Tag: Federal Reserve System
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As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone
The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
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Job Growth Is a Boost for Biden as He Bets on a Lasting Turnaround
President Biden has for months pointed to solid hiring trends as evidence that his agenda has rebuilt the economy after the pandemic shutdowns.
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U.S. Hiring Surges With January Gain of 517,000 Jobs
The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.