Lael Brainard

Shares of banks and financial services companies, including JPMorgan Chase & Co (NYSE: JPM), are trading higher Monday following a rise in yields after U.S. President Joe Biden announced he would nominate Fed chair Jermone Powell for a second term. The President named Fed...

Shares of banks and financial services companies, including Bank Of America Corp (NYSE: BAC), are trading higher Monday following a rise in yields after U.S. President Joe Biden announced he would nominate Fed chair Jermone Powell for a second term. The President named Fed Governor...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% on Monday morning after U.S. President Joe Biden announced Federal Reserve Chairman Jerome Powell will likely serve a second term. What Happened? Biden announced he will be renominating Powell for a second term as Fed chair and...

While trade disputes are a source of uncertainty, they're not yet making a substantial dent in economic figures, Federal Reserve Governor Lael Brainard said Wednesday.  The nugget came in remarks Brainard made to the Detroit Economic Club that touched on the Fed's benchmarks for...

The Federal Reserve will conclude a two-day long meeting Wednesday and will issue a statement at 2 p.m. ET which will confirm if an interest rate hike has been approved. According to a Bloomberg report, a string of disappointing economic news over the past few months has led many to believe...

Federal Reserve Governor Lael Brainard has gained a reputation as one of the most dovish FOMC members. Last week’s announcement that she would be giving a speech on the final day allowed prior to the mandatory two-week pre-meeting Federal Reserve blackout period had the market worried that...