Fed Has Aggressive Rate-Hiking Plan, But It Could Burn the Economy as It Fights Inflation
The Fed forecast an aggressive campaign of interest rate hikes to fight inflation, but some wonder if the central bank can succeed without harming the economy.
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The Fed forecast an aggressive campaign of interest rate hikes to fight inflation, but some wonder if the central bank can succeed without harming the economy.
Supplies may be dwindling, but complaints about “shortages” are surging | Graphic detail
Biden, Democrats agree to cut weekly jobless benefit by $100 In a further cave-in to the right wing, Senate Democrats agreed Friday to reduce the weekly supplemental unemployment benefit in the Biden administration’s coronavirus relief bill by $100 a week, from $400 to $300. This would leave unchanged the wholly inadequate level enacted under Trump, itself a 50 percent cut from the $600 benefit included in last March’s CARES Act. Only days before, Democratic leaders had presented passage of a $400 weekly benefit as a certainty. The latest concession to the Republicans and the most right-w...
WASHINGTON — America’s employers barely added jobs last month, underscoring the viral pandemic’s ongoing grip on the economy and likely adding momentum to the Biden administration’s push for a bold
WASHINGTON (AP) — America's employers barely added jobs last month, underscoring the...