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President Joe Biden is reshuffling his White House economic team, installing former Federal Reserve vice chair Lael Brainard as the new director of his National Economic Council and nominating Jared Bernstein to serve as the chairman of the Council of Economic Advisers, all while he seeks to convince voters and Republican lawmakers his economic agenda is working ahead of an expected reelection campaign announcement.
News

Biden reshuffles economic team ahead of looming reelection announcement

Christian Datoc -
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Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.
Beltway Confidential

Why the Fed may ramp up the rate hikes after too-hot inflation and jobs numbers

Tiana Lowe Doescher -
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FILE-In this Wednesday, May 9, 2012, file photo, David Lee holds on to his carts while shopping at a Costco Wholesale in Portland, Ore. A steep drop in gasoline costs drove down a measure of U.S. wholesale prices in May by the most since July 2009. But outside the food and energy categories, prices increased moderately. (AP Photo/Rick Bowmer, File)
News

Inflation fell to 6% in January in producer price index

Zach Halaschak -
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Biden not out of the woods yet on inflation despite recent trend
Faith, Freedom, and Self-Reliance

Biden not out of the woods yet on inflation despite recent trend

Haisten Willis -
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Bad news: It looks like inflation is stubborn and the Fed will have to react
Economy

Bad news: It looks like inflation is stubborn and the Fed will have to react

Zach Halaschak -
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Biden expected to name Federal Reserve’s Lael Brainard as top economic adviser
Economy

Biden expected to name Federal Reserve’s Lael Brainard as top economic adviser

Katherine Doyle -
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Inflation leads off 2023 with a comeback
Beltway Confidential

Inflation leads off 2023 with a comeback

Tiana Lowe Doescher -
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A shopper looks over clothing. The Labor Department reports on U.S. consumer prices.
Business

Inflation fell slightly to 6.4% in January

Zach Halaschak -
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Pedestrians walk near the U.S. Treasury building in Washington, D.C.

Bond market indicator flashing biggest recession warning in decades

Zach Halaschak -
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A worker passes a hiring sign at a construction site, Wednesday, Jan. 25, 2023, in Portland, Maine. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week.
Economy

Half a million workers needed, building group claims, despite housing slowdown

Zach Halaschak -
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