White House's Brainard says US inflation at turning point, focus should shift to jobs
- Top White House economic adviser Lael Brainard on Monday declared that the U.S. economy had turned the corner in bringing down inflation and it was now time to focus on safeguarding recent progress in the labor market.
Brainard, the former Fed vice chair who now serves as the director of the White House National Economic Council, did not say in her remarks what action the Fed should take on Wednesday, and her comments were in line with recent comments from Fed officials. "It is critical to continue our work together to address affordability challenges and create more opportunities for working families and the middle class," Brainard said.HARLAN, Ky. — A Kentucky lawmaker was critically injured when the lawn mower he was riding plunged into an empty swimming pool at his home, authorities said Monday.
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