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Lael Brainard’s Fed Departure Could Leave Immediate Imprint on Monetary Policy
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President Biden’s reshuffle of his economic team could have its most immediate economic impact on the Federal Reserve, with the departure of the central bank’s vice chair, Lael Brainard, for the White House.
Ms. Brainard’s move to lead Mr. Biden’s National Economic Council means the Fed will lose an influential top official who has advocated for a marginally less aggressive approach to raising interest rates than Fed Chair Jerome Powell.
Read more on wsj.comAbout this in other media
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Lael Brainard Set to Lead White House National Economic Council wsj.com /1 year ago
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