Inflation rose 6.4 percent in January. FOX Business’ Cheryl Casone with more. President Biden is naming two top economic advisors on Tuesday as the White House plans how it will handle the economy amid rising inflation. Biden is nominating Federal Reserve Vice Chair Lael Brainard to direct his National Economic Council, an administration officials tells FOX Business. Brainard would succeed Brian Deese, who is stepping down this month. The announcement is expected after the market closes Tuesday.INFLATION ROSE 6.4% IN JANUARY Federal Reserve Board Governor Lael Brainard testifies before a Senate Banking Committee hearing on her nomination to be vice-chair of the Federal Reserve, on Capitol Hill in Washington, Jan. 13, 2022.  (REUTERS/Elizabeth Frantz / Reuters Photos)The president is also nominating longtime ally Jared Bernstein to sit as chairman of the White House Council of Economic Advisers, The Associated Press and Reuters report. The appointments come at a crucial time in Biden’s presidency as …