Published Date Jul 12, 2023

MarketWatch: U.S. recovery 'solid,' says White House's Brainard, as inflation slows

The U.S. economy is in a “solid” recovery, top White House economist Lael Brainard said Wednesday, hours after new data showed inflation continuing to cool.

Speaking at an Economic Club of New York event, National Economic Council Director Brainard said there’s “encouraging evidence that the economy is on the path to moderate inflation accompanied by resilient jobs market.”

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By Brenna Moses

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