Sen. Joe Manchin raised alarms about inflation in a letter to Fed Chairman Jerome Powell on Thursday, calling on the central bank to start reversing the emergency support it has provided during the pandemic
WASHINGTON—Sen. Joe Manchin raised alarms about inflation in a letter to Fed Chairman Jerome Powell on Thursday, calling on the central bank to start reversing the emergency support it has provided during the coronavirus pandemic.
“I am deeply concerned that the continuing stimulus put forth by the Fed, and proposal for additional fiscal stimulus, will lead to our economy overheating and to unavoidable inflation taxes that hard working Americans cannot afford,” he wrote. Mr. Manchin lauded the Fed’s response to the pandemic last year but warned of overstimulating an economy that doesn’t need “policy responses tailored for an economic depression.” He asked Mr. Powell and the Fed’s rate-setting committee “to immediately reassess our nation’s stance of monetary policy and begin to taper your emergency response immediately.”The U.S.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Joe Biden Calls On New York Gov. Andrew Cuomo To ResignPresident Joe Biden called on New York Gov. Andrew Cuomo (D) to resign Tuesday after an explosive report concluded that Cuomo sexually harassed multiple women. “I think he should resign,” Biden said at a press conference.
Consulte Mais informação »
Joe Biden Says Andrew Cuomo Should Resign As New York GovernorPresident Joe Biden said that New York Governor Andrew Cuomo should resign as governor after a state Attorney General investigation concluded that he had sexually harassed multiple women in violati…
Consulte Mais informação »
Stacey Solomon's bizarre pregnancy cravings make Joe Swash's stomach churnLoose Women presenter Stacey Solomon enjoys eating crispy kale, raw cauliflower and mango chutney according to her fiancé Joe Swash – see details of her pregnancy cravings
Consulte Mais informação »
NY Giants Coach Joe Judge Loses His Mind At Camp Over Brawl, Royally Punishes PlayersJoe Judge went absolutely ballistic on his Giants players after they were involved in an all-out brawl Tuesday ... punishing them with cuss words, sprints and push-ups!!
Consulte Mais informação »
Nina Turner Learns the Hard Way That Democrats Like Joe BidenThe lefty hopeful blew a race for Congress when it turned into a referendum on her disdain for party leaders.
Consulte Mais informação »