Stay updated with breaking news from மைக்கேல் கிரான். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
How to Volunteer While Traveling With Your Kids 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.
Will China Save the US from Inflation Fears? | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Jun 12, 2021 The fiscal expansion in the United States in response to the COVID-19 pandemic is like nothing seen outside of wartime. Further large-scale public spending will be required to rebuild needed infrastructure, tackle climate change and create jobs. But some prominent economists are warning that government spending on such an extraordinary scale could fuel accelerating price growth and cause inflation expectations to become unanchored. For more than three decades, expectations of moderate price growth in the U.S. and other advanced economies have been sustained not least by China’s integration into the global economy. Might China come to the rescue as the Biden administration seeks to open the fiscal floodgates? ....
The Federal Reserve Bank of Atlanta warned last month that the US might be headed toward an inflationary episode on par with the period following World War II, when the release of pent-up demand fueled a 20% surge in prices. But China's efforts to stabilize commodity prices should help to avoid a worst-case scenario. ....