Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Brainard Resigns From Fed To Become NEC Chief


Federal Reserve Vice Chair Lael Brainard is resigning her seat as Vice Chair of the U.S. central bank, the Fed said Tuesday, just after the White House announced she would be the next head of the president's National Economic Council.

Her last day at the Fed will be on or around Feb. 20, the Fed said, and market participants see her departure as removing a major dovish voice on the FOMC.

MNI Washington Bureau | +1 202 371 2121 |
MNI Washington Bureau | +1 202 371 2121 |

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.