The Biden Administration Is Quietly Obsessing Over Inflation
A monthslong effort to monitor and model economic trends inside the White House and the Treasury Department found little risk of prices spiraling upward faster than the Fed can manage.
President Biden received a weekly briefing from his economic team this month. A close circle of advisers has been working to determine whether the economy is at a risk of overheating.Credit.Amr Alfiky/The New York Times
April 13, 2021Updated 5:38 p.m. ET
WASHINGTON Even before President Biden took office, some of his closest aides were focused on a question that risked derailing his economic agenda: Would his plans for a $1.9 trillion economic rescue package and additional government spending overheat the economy and fuel runaway inflation?
Federal and provincial governments shutting down national securities regulator project, sources say
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Biden Team Preparing Up to $3 Trillion in New Spending for the Economy
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.