A regional Fed analysis suggests Biden’s stimulus is temporarily stoking inflation.

The American Rescue Plan could be pushing inflation up slightly and temporarily, a Federal Reserve Bank of San Francisco analysis said.

Jeanna Smialek
Author: Jeanna Smialek

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.