Republican leaders blame stimulus for rising US inflation

Republican leaders blame stimulus for rising US inflation

This post was originally published on this site Republican Senate leaders on Tuesday railed against rising US inflation rates, blaming the price increases on the flood of money from a pandemic stimulus package pushed by Democratic President Joe Biden earlier this year. Senate Minority Leader Mitch McConnell used the recent...

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Fed Prepares to Taper Stimulus Amid More Doubts on Inflation

Fed Prepares to Taper Stimulus Amid More Doubts on Inflation

This post was originally published on this siteFederal Reserve officials are set to wind down their $120 billion-a-month bond-purchase program in November, but questions over how soon inflation pressures will fade are creating more uneasiness inside the central bank.

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What’s behind the push for a fourth stimulus check

What’s behind the push for a fourth stimulus check

This post was originally published on this siteIRS has distributed almost 170 million payments. But hardship remains widespread as the Delta variant spreads.

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