United States National Economic Council (NEC) Director Lael Brainard hailed on Thursday the latest data on inflation for the country, stating that the Biden administration keeps "making progress, with inflation returning to pre-pandemic levels.""Today's report shows inflation has fallen back down to...
United States National Economic Council (NEC) Director Lael Brainard stated on Friday at a press briefing that there is "a lot more" confidence that interest rates "are coming down."Brainard added that as inflation is down, this is going to "enable consumers to feel more confident about investing in...
White House National Economic Council Director Lael Brainard stated on Monday that United States President Joe Biden's goal is to introduce measures that would stop "a flood of unfairly, underpriced autos" made in China that could negatively influence the capacity of the North American country's...
United States National Economic Council (NEC) Director Lael Brainard hailed on Thursday the Federal Reserve's decision to commence the monetary policy easing cycle.The half-a-percentage point interest rate cut is a "clear signal that inflation has come back down," she told reporters, adding that...
United States National Economic Council (NEC) Director Lael Brainard said on Monday it is "critical" to work on expanding opportunities for "working families and the middle class" while stating the US economy stands at a turning point in the fight to lower inflation."Inflation is coming back down close...
United States National Economic Council (NEC) Director Lael Brainard commented on Wednesday that the Biden administration is "turning the page" on inflation, following the latest data.With consumer prices falling back to "normal levels," it is now paramount to concentrate on "sustaining the historic...
United States National Economic Council (NEC) Director Lael Brainard remarked on Thursday that China is presently "too big to play by its own rules.""China’s industrial capacity and exports in certain sectors are now so large, they can undermine the viability of investments in the US and other...
United States National Economic Council (NEC) Director Lael Brainard told CNBC on Friday that the latest report on the country's nonfarm payroll employment is "very encouraging," noting that it leaves room for the US economy to continue expanding. "This is the kind of economy that is capable...
United States National Economic Council (NEC) Director Lael Brainard underscored on Thursday that the recent attacks in the Red Sea have had minimal effect on the US economy so far, but highlighted that Washington continued to closely monitor the situation.
"Some shippers are taking...
The Biden administration has allocated $162 million to Microchip Technology to enhance semiconductor manufacturing, aiming to reduce reliance on foreign production, the White House and the US Department of Commerce announced on Thursday.
The funding of the 2022 CHIPS and Science Act...
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