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Reckless Government Spending to Be an Even Great Headwind for Markets Next Year

Reckless Government Spending to Be an Even Great Headwind for Markets Next Year
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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US downgrade a warning to other nations in fiscal mess

US downgrade a warning to other nations in fiscal mess
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Doris Duke s Final Mystery | Vanity Fair

Doris Duke s Final Mystery | Vanity Fair
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Deficit-Deniers & 40 Years Of Economic Erosion

Deficit-Deniers & 40 Years Of Economic Erosion
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

United statesJohn maynard keyneBarry ritholtzRonald reaganCentral bankModern monetary theoryPrivate capitalWoody brockMaynard keyneFederal governmentPublic debtBecause japanஒன்றுபட்டது மாநிலங்களில்ரொனால்ட் ரீகந்மைய வங்கிநவீன பண கோட்பாடு

Biden seeks to allay US inflation fears

Share Washington | President Joe Biden on Monday (Tuesday AEST) sought to soothe fears that rising inflation could hurt the US recovery and undermine his $US3.5 trillion ($4.7 trillion) spending plans, saying the administration would remain vigilant about rising prices and he expected the Federal Reserve to take action if needed. Inflation hit 5.4 per cent in the US in June, rising at the fastest pace in 13 years. The speed and size of the consumer price rises have surprised economists and raised concerns that inflation could be higher for longer and act as a tax on consumers. US President Joe Biden says no serious economist thinks inflation could run away.

United statesSouth australiaJerome powellLarry finkLawrence summersSenate democratsFederal reserveSenate republican leader mitch mcconnellWoody brockBipartisan infrastructure frameworkRepublican leader mitchRepublican bill hagertyChairman powellஒன்றுபட்டது மாநிலங்களில்கருப்பு பாறைதெற்கு ஆஸ்திரேலியா