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Biden celebra la recuperación económica, pero las preocupaciones persisten


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WASHINGTON D.C. - El presidente Joe Biden lanzó el lunes un ataque a sus oponentes políticos, incluido el expresidente Donald Trump, promocionando la revitalizada economía estadounidense, que se ha estado recuperando rápidamente durante sus primeros seis meses en el cargo. Pero a algunos economistas les preocupa que los agresivos esfuerzos de la administración para estimular el crecimiento económico puedan conducir a una recesión el próximo año.
Hablando desde la Casa Blanca el lunes, Biden recordó a los oyentes las predicciones de desastre económico que sus detractores habían insistido que seguirían a su elección como presidente. ....

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Powell says US economy 'still a ways off' from tapering asset purchases


Xinhua |
Updated: 2021-07-15 09:09
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Federal Reserve Chair Jerome Powell testifies during a US House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, US, June 22, 2021. [Photo/Agencies]
WASHINGTON - US Federal Reserve Chair Jerome Powell said Wednesday that the US economy is still a ways off from the progress that the Fed wants to see before tapering asset purchases, while the central bank is monitoring inflation very carefully.
At our June meeting, the (Federal Open Market) Committee discussed the economy s progress toward our goals since we adopted our asset purchase guidance last December, Powell said at a hearing before the House Financial Services Committee. ....

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With Fed picks, Biden will have to walk political tightrope

With Fed picks, Biden will have to walk political tightrope
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