CPI assessment? Headlines are pointing out it's down. Also, Brainerd's new position? Hard for those of us outside understand the impact of the various positions. Although, leaders lead.
Oh, I have so much to say about Brainard's appointment. I should write a post on her. She's one of my heroes at the Fed. Her moving to NEC director will be a huge loss for the Fed and a huge win for the White House. On balance, she will likely do more for the country at NEC. And that's a high bar given how much good she is doing for the country at the Fed.
What is the purpose of the NEC vs. the CEA? I did see Lisa Cook's name mentioned as a possible Vice Chair (probably in WSJ article). Actually, all candidates mentioned were women although too many east coast based.
Roses are usually red
The sky is sometimes blue
Nothing new at the Fed
It’s behind the curve, too.
Unlike the right wing politicos we all share a sense of humor!
Well done.
I thought we'd need some happy today.
CPI assessment? Headlines are pointing out it's down. Also, Brainerd's new position? Hard for those of us outside understand the impact of the various positions. Although, leaders lead.
Oh, I have so much to say about Brainard's appointment. I should write a post on her. She's one of my heroes at the Fed. Her moving to NEC director will be a huge loss for the Fed and a huge win for the White House. On balance, she will likely do more for the country at NEC. And that's a high bar given how much good she is doing for the country at the Fed.
What is the purpose of the NEC vs. the CEA? I did see Lisa Cook's name mentioned as a possible Vice Chair (probably in WSJ article). Actually, all candidates mentioned were women although too many east coast based.
NEC helps oversee and propose policy. CEA analyzes (but does not propose) policies. CEA is more like the President's thinktank. NEC Director has more power/importance in Admin than CEA Chair. More candidates here: https://www.politico.com/news/2023/02/13/biden-taps-feds-brainard-as-top-economic-adviser-00082683