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Stimulus checks should take back seat to jobless aid, economists say

Stimulus checks should take back seat to jobless aid, economists say Niv Elis © Greg Nash Stimulus checks should take back seat to jobless aid, economists say A bipartisan push to include stimulus checks in the next COVID-19 relief package is raising concerns among economists that other forms of relief considered more effective may be left out. Direct payments in the form of $600 or $1,200 checks are undoubtedly popular with most Americans, economists say, but targeted funds for unemployed workers would do more for the economy since those households are less likely to put the money into savings. They re a decent stimulus. They re far from the best stimulus out there, said Marc Goldwein, head of policy at the Committee for a Responsible Federal Budget.

Here s everything the Federal Reserve could do at its policy meeting next week

Here s everything the Federal Reserve could do at its policy meeting next week
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