Tag: Stimulus (Economic)
Stock Market Drop Accelerated as Recession Seemed More Likely
Investors had an awful start to the year as stocks twice entered bear market territory, falling more than…
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of…
White House Struggles to Talk About Inflation, the ‘Problem From Hell’
WASHINGTON — President Biden was at a private meeting discussing student debt forgiveness this year when, as happens…
Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply?
When all prices are rising, consumers lose track of how much is reasonable to pay. “In the inflationary…
States Turn to Tax Cuts as Inflation Stays Hot
A new report from the Tax Policy Center, a left-leaning think tank, said total state revenues rose by…
In This Michigan County, Pandemic Stimulus Funds Are Remaking Public Health Programs
LANSING, Mich. — In an underserved neighborhood of Michigan’s capital city, a health clinic is being built with…
Black Farmers Fear Foreclosure as Debt Relief Remains Frozen
The legal limbo has created new and unexpected financial strains for Black farmers, many of whom have been…
Modern Monetary Theory Got a Pandemic Tryout. Inflation Is Now Testing It.
The problem is that the alternative to a Fed response is, at the moment, not obvious. The Biden…
Fed Signals Rate Increase in March, Citing Inflation and Strong Job Market
Federal Reserve officials signaled on Wednesday that they were on track to raise interest rates in March, given…
Why Critics Fear the Fed’s Policy Shift May Prove Late and Abrupt
That caused the Fed to change course late last year — and to do so fairly abruptly.“Inflation really…
Rapid Inflation Fuels Debate Over What’s to Blame: Pandemic or Policy
The price increases bedeviling consumers, businesses and policymakers worldwide have prompted a heated debate in Washington about how…