LAEL BRAINARD

Treasury yields fell on Tuesday as markets after October’s producer price index figures came in less than expected, indicating inflation may be slowing

Stocks fell on Monday as investors mulled over corporate and economic news that sent mixed signals about the state of the economy.

Federal Reserve Vice Chair Lael Brainard said she was encouraged by last week’s U.S. inflation report, which pointed to slower price increases, and said the Fed would likely soon reduce the size of its interest rate hikes.

Federal Reserve Vice Chair Lael Brainard indicated Monday that the central bank could soon slow the pace of its interest rate increases. With markets expecting a likely step down in December from the Fed's rapid pace of rate increases this year, Brainard confirmed that a slowdown if not a stop is looming. "I think it will probably be appropriate soon to move to a slower pace of rate increases," she told Bloomberg News in a live interview. Along with the rate hikes, the Fed has been reducing the bond holdings on its balance sheet at a maximum pace of $95 billion a month. Since that process, nicknamed "quantitative tightening," began in June, the Fed's balance sheet has contracted by more than $235 billion but remains at $8.73 trillion.

The Federal Reserve may reach a turning point this week as it announces what’s expected to be another substantial three-quarter-point hike in its key interest rate — its fourth straight.

Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise.

Asian shares are higher, encouraged by a rally in U.S. shares after some weak economic data raised hopes that the Federal Reserve might ease away from aggressive interest rate hikes.

"The Fed isn't about to 'pivot' and there is more monetary tightening to come," said one analyst.

Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials.

Fed Vice Chair Lael Brainard stressed the need to tackle inflation and the importance of not shrinking from the task until it is finished.

Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020.

The initially robust economic revival is close to exhaustion. Thankfully, at least one senior central banker is be paying attention.

Markets are increasingly expecting another supersized hike of three-quarters of a percentage point when Fed officials convene later this month

A top Fed official says the Federal Reserve will need to continue lifting its short-term interest rate to a level that restricts economic growth and keep it there for an extended period.

Federal Reserve Vice Chair Lael Brainard vowed Wednesday to press the fight against inflation that she said is hurting lower-income Americans the most.

A paper released at the same Jackson Hole, Wyoming summit where Powell spoke suggests that the Fed can't do the job itself.

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event.

Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed is determined to fight inflation with more sharp interest rate hikes, which will likely cause pain for Americans in the form of a weaker economy and job losses.

The Federal Reserve’s inspector general concluded that financial trades made several years ago by Chair Jerome Powell and Richard Clarida, then the vice chair, did not violate any laws or ethics rules.

Fed Vice Chair Lael Brainard is the latest regulator to call for regulation of the crypto industry.

The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate.

Investors focus their attention on more jobs data due out Friday morning.

Fed Vice Chair Lael Brainard said it's unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.

Esther George, the president of the Federal Reserve Bank of Kansas City, will retire in January, as required by the Fed’s mandatory retirement rules.

President Joe Biden’s pick to be the Federal Reserve’s top banking regulator pledged Thursday to help reduce high inflation and provide clear rules to govern financial innovation.

The Senate has confirmed economist Phillip Jefferson to the Federal Reserve’s Board of Governors.

The Senate has confirmed Michigan State economist Lisa Cook to serve on the Federal Reserve’s board of governors.

The three major U.S. banking regulators say they plan to rewrite many of the outdated regulations tied to a decades-old banking law.

The changes would tailor the Community Reinvestment Act's approach to making sure banks are not engaging in "redlining."

Lael Brainard is the lone Democrat on the board for now, and has prior economic experience during the Clinton and Obama administrations.

The Senate confirmed the nomination of Lael Brainard to a four-year term as vice chair of the Federal Reserve, elevating her to the Fed’s No. 2 post in the midst of the central bank’s toughest fight against inflation in four decades.

The Senate confirmed Lael Brainard to be the Fed's next vice chair, a long-awaited step in her ascent to the top of the central bank.

President Joe Biden will nominate Michael Barr to be the Fed's big banks regulator, the administration's second attempt to fill the post.

That higher rates help stamp out inflation is essentially an article of faith, based on long-held economic gospel. But how does it really work?

The new era of inflation has only just begun to wreak havoc

As the Federal Reserve intensifies its efforts to tame high inflation, its top officials are casting their aggressive drive in a new light: As a blow against economic inequality.

Asian shares have tracked a retreat on Wall Street after details from last month’s Federal Reserve meeting showed the central bank plans to be aggressive in fighting inflation.

Federal Reserve officials are signaling that they will take a more aggressive approach to fighting high inflation in the coming months — actions that will make borrowing sharply more expensive for consumers and businesses and heighten risks to the economy.

The 10-year Treasury rose Wednesday as investors weighed remarks from Federal Reserve Governor Lael Brainard.

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Stock futures inched higher in overnight trading Tuesday as investors await the latest insights into the Federal Reserve's policy tightening. S&P 500 futures added 0.1% and Nasdaq 100 futures ticked up 0.2%. The moves in stock futures came after the three major stock averages each fell in Tuesday's regular session. San Francisco Fed President Mary Daly also pledged rate hikes ahead while sharing concerns about inflation.

Investors didn't like what the heard from the Fed's Lael Brainard and Mary Daly, sending major averages considerably lower on the day.

The average rate on the popular 30-year fixed mortgage just crossed 5%, for the first time 2011, save two days in 2018. It stood at 3.38% one year ago today.

Brainard said that policy tightening will include a speedy reduction in the balance sheet and a steady pace of interest rate increases.

The Senate on Tuesday agreed to consider the nomination of Lisa Cook for a position on the Federal Reserve’s Board of Governors on a 50-49 party-line vote.

The Senate Banking Committee has approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve.

Sen. Joe Manchin says he opposes the nomination of Sarah Bloom Raskin to a key position on the Federal Reserve’s Board of Governors.

Federal Reserve Governor Christopher Waller says he is willing to support a half-point interest rate hike at the central bank’s next meeting in March.

Republican members of the Senate Banking Committee boycotted a vote on President Joe Biden’s five nominees to the Federal Reserve, delaying indefinitely the confirmation of Chair Jerome Powell to a second four-year term.

A worsening inflation picture has touched off a range of opinions from the Federal Reserve’s policymakers about just how fast they should raise interest rates beginning at their next meeting in March.

How far the Federal Reserve can go to compel banks to consider the consequences of climate change in their lending policies could take center stage at a Senate hearing Thursday on the nominations of Sarah Bloom Raskin and two economists to the Fed’s influential Board of Governors.

The Fed released its exploration of a digital dollar, exploring the pros and cons of the much-debated issue and soliciting public comment.

President Joe Biden nominated three people for the Federal Reserve’s Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the board.

Former Treasury official Sarah Bloom Raskin and economists Lisa Cook and Philip Jefferson are the three nominees Biden is expected to announce for the Fed board on Friday.

President Joe Biden will nominate Sarah Bloom Raskin to be the Federal Reserve's next vice chair for supervision.

Lael Brainard, President Joe Biden’s nominee for the Federal Reserve’s No. 2 spot, said Thursday that combating high inflation is the Fed’s top priority and promised the Fed could bring it down without sacrificing job growth.

Lael Brainard pledged in written remarks to help the Federal Reserve fight a spike in inflation while still supporting the economic recovery — a tricky balancing act she would face if confirmed as the Fed’s No. 2 official.

Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking Committee as part of his confirmation process.

The bond market could continue to set the course stocks in the week ahead, after a choppy start to the new year.

LBJ tried jawboning.

Treasury yields rose on Tuesday morning, as investors digested the news that Jerome Powell had been renominated to the role of Federal Reserve chair.

Asian shares are mixed after a late drop left major Wall Street indexes mostly lower.

Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession.

President Joe Biden will discuss his decision to renominate Fed Chairman Jerome Powell and promote Gov. Lael Brainard to vice chair of the central bank.

President Biden pointed to Powell's leadership of the economy during the pandemic recession.

President Biden pointed to Powell's leadership of the economy during the pandemic recession.

Lael Brainard, whom progressives had pushed to lead the central bank, nominated as vice chair.

President Joe Biden announced he’s nominating Jerome Powell for a second term as Federal Reserve chair, endorsing Powell’s stewardship of the economy through a brutal pandemic recession in which the Fed’s ultra-low rate policies helped bolster confidence and revitalize the job market.

Biden's decision to nominate Lael Brainard is thought to be the work of progressives, who say she'll put emphasis on climate change and equitability.

President Joe Biden made the announcement Monday morning following weeks of speculation that Fed Governor Lael Brainard could get the spot.

U.S. Treasury yields rose on Monday morning after President Joe Biden renominated Jerome Powell for a second term as Federal Reserve chair.

Stocks have a track record of posting gains during Thanksgiving week, which will set the stage for a potential year-end Santa rally.

If history is a guide, the market should do well in the upcoming Thanksgiving holiday week.

Two Senate Democrats said Friday they oppose the reappointment of Jerome Powell as chair of the Federal Reserve, as President Joe Biden is expected to announce within days who he will pick for the nation’s most powerful economic position.

If Biden nominates her as Fed chief and she’s confirmed, the role of the global economy may no longer have to be whispered in U.S. monetary policy.

A discussion with the Vassar professor on the role trust plays in how we view our modern economic and political institutions.

Federal Reserve Chair Jerome Powell surely expected to have some breathing room after taking the first step this month to dial back the Fed’s emergency aid for the economy.

If Lael Brainard is named Federal Reserve chairman, the market may move to price in a Fed that could be slower to raise interest rates or tighten policy.

Federal Reserve Chair Jerome Powell said inequality can prevent the U.S. economy from reaching its potential.

President Joe Biden met with Federal Reserve Chairman Jerome Powell and Governor Lael Brainard on Thursday, a source told CNBC.

Fed Governor Lael Brainard should figure prominently as President Joe Biden weighs who will chair the central bank and who will specifically supervise banks.

When the U.S. government issues the September jobs report on Friday, the spotlight will fall not only on how many people were hired last month.

Federal Reserve Governor Lael Brainard said the Fed is developing scenario analysis tools to model big banks' exposure to climate-related financial risks.

Resistance to the potential renomination of Federal Reserve Chair Jerome Powell intensified this week, with Sen. Elizabeth Warren becoming the first senator to publicly oppose Powell and many progressive groups pushing for some alternative leader at the Fed.

At least three Federal Reserve officials said Monday they are ready to pull back on stimulus even though they don't see a threat from inflation.

U.S. Treasury yields rose on Monday morning, with investors looking ahead to scheduled speeches from Federal Reserve Chairman Jerome Powell.

The Fed is pushing ahead with its study into whether to implement its own digital currency, Chairman Jerome Powell said.

The Federal Reserve is projecting higher inflation this year than it had previously forecast, but says prices will cool more next year.

The president of the Federal Reserve Bank of Boston added his voice to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.

The future of the Fed is up for grabs with Wall Street pushing Biden to reappoint Chair Jerome Powell and progressives calling for a fresh face.

The Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies.

Two former leaders of the U.S. Commodity Futures Trading Commission (CFTC) lay out the case for a digital dollar.

Gas prices are rising.

The Federal Reserve is warning that prices of stocks and other financial assets are rising to levels that could set investors up for big losses from sudden declines.

But when the pandemic slammed the U.S. economy a year ago, it swept away her job — and millions of others. Getting back the jobs lost to the pandemic is likely to prove a struggle. Even as viral vaccines increasingly promise a return to something close to normal life, the coronavirus seems sure to leave permanent scars on the job market. Millions of jobs lost likely won't come back — especially at employers that require face-to-face contact with consumers: Hotels, restaurants, retailers, entertainment venues. Jamison wonders whether the front desk operation will eventually be eliminated, the jobs lost as guests use keys on their smartphones to go straight to their rooms.

Even as viral vaccines increasingly promise a return to something close to normal life, the coronavirus seems sure to leave permanent scars on the job market. No one knows exactly what the job market will look like when the virus finally ends its rampage. The U.S. Labor Department, too, has tried to estimate the pandemic’s likely impact on the job market. Before taking the pandemic into account, the department last year projected that U.S. jobs would grow 3.7% between 2019 and 2029. “At this point," she said, “they have to move on with their lives.”Jamison wonders whether the front desk operation will eventually be eliminated altogether, the jobs lost to automation.

Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates. (AP Photo/Ahn Young-joon)BANGKOK – Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates. Shares have yoyo'd recently with fluctuations in bond yields. When yields rise quickly, as they have in recent weeks, it forces Wall Street to rethink the value of stocks. U.S. government bond yields rose Wednesday after easing a day earlier.

Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back most of its gains from a day earlier. (AP Photo/Eugene Hoshiko)BEIJING – Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back most of its gains from a day earlier. Investors have taken heart from an easing in bond prices that has alleviated worries over possible interest rate hikes. But expectations for stronger economic growth in coming months continue to fuel worries that interest rates will head higher. Higher interest rates force investors to rethink how much they’re willing to pay for stocks, making each $1 of profit that companies earn a little less valuable.

A man walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange in Hong Kong Tuesday, March 2, 2021. Asian stock markets were mixed Tuesday after Wall Street rose as investor concern about possible higher interest rates receded. (AP Photo/Vincent Yu)TOKYO – Asian stock markets were mixed Tuesday after Wall Street rose as a wave of investor concern about possible higher interest rates receded. Market benchmarks in Tokyo, Shanghai and Hong Kong declined. The Hang Seng in Hong Kong lost 0.2% to 29,405.45.

Powell also stressed that the Fed probably won't raise its rate until inflation has topped 2% for some time. The speculation was fueled by comments from several regional Fed bank presidents, including Raphael Bostic of the Atlanta Fed and Robert Kaplan of Dallas. Bostic said last week that he was “hopeful that in fairly short order we can start to recalibrate” the bond purchases. And Lael Brainard, another governor, said Wednesday that the current level of bond buying “will remain appropriate for quite some time.”Some regional Fed bank presidents have signaled that any reduction in bond purchases is probably a long way off. Still, Powell also said he was quite optimistic that the economy would rebound later this year, once COVID-19 vaccines are widely distributed.

Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first time in nearly decade. Fed board member Lael Brainard also expressed doubts about the need for a rate hike given the low inflation, but said she would go along with the modest increase. That increase was followed by three quarter-point rate increases in 2017 as economic growth increased and the unemployment rate fell further. The Fed raised rates four times in 2018 after Yellen was replaced by Jerome Powell as Fed chair by President Donald Trump. Trump launched an unprecedented attack on the Fed’s rate hikes fearing negative affect on economic growth, breaking with the practice of past presidents to respect the Fed’s independence.