President Joe Biden has announced key members of his new economic team as part of leadership transition at the White House.Lael Brainard, one of the country's leading macroeconomists, will serve as Director of the National Economic Council.Jared Bernstein, one of Biden's closest and longest-serving economic advisers, has been nominated as Chair of the Council of Economic Advisers. The President na...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.