Fed Unity Cracks as Inflation Rises and Officials Debate Future

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Federal Reserve officials are debating what to do as price risks loom, even as its leaders and the White House say today’s surge will most likely cool. Online-PR: … unsere digitale Pressearbeit im Internet hilft […]

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May 2021 Consumer Price Index Shows Fastest Inflation Since 2008

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The Consumer Price Index showed the strongest year-over-year reading since 2008, and a core index popped the most since 1992.



The Financial Crisis the World Forgot

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The Federal Reserve crossed red lines to rescue markets in March 2020. Is there enough momentum to fix the weaknesses the episode exposed?



Biden Presses Economic Aid Plan, Rejecting Inflation Fears

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Despite a better-than-expected jobs report, administration officials stressed that millions of workers still needed help from a proposed $1.9 trillion stimulus package.



Democrats Push to Borrow More Money as Deficit Is Set to Shrink Slightly in 2021

Top Democrats and some of President Biden’s advisers are considering borrowing money to fund a sweeping infrastructure package as the nation’s fiscal situation improves more rapidly than expected.



The Year the Fed Changed Forever

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Jerome H. Powell’s central bank slashed rates, bought bonds in huge sums and rolled out never-before-tried loan programs that shifted its identity. The backlash is already beginning.



Lawmakers Resolve Fed Dispute as They Race to Close Stimulus Deal

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Top senators appeared to strike an agreement on the central bank’s lending powers as they struggled to clear away the last sticking points in the $900 billion compromise plan.



Jerome Powell, Fed Chair, Says Economy Has ‘a Long Way to Go’ as Trump Calls Off Stimulus Talks- This News is powered Google News, thanks

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Jerome H. Powell, the Federal Reserve chair, argued that it was better to overdo the pandemic policy response to avert “tragic” fallout than to undershoot.