Jim Tankersley
Posts
Inflation Report Dampens Biden’s Attempts to Celebrate the Economy
A higher-than-expected rise in prices is unwelcome news for Mr. Biden as the midterm elections approach.
Fed Chair Jerome Powell made clear that interest rates will remain elevated until inflation is under control.
Powell has taken a hawkish tone in recent appearances, seeking to underscore the Fed’s commitment to bringing down inflation.
Fed’s Brainard Signals More Rate Increases as Inflation Remains High
Lael Brainard, the Federal Reserve’s vice chair, said the central bank is “in this for as long as it takes to get inflation down.”
Fed’s vice chair signals more rate increases ahead as inflation remains too hot.
Lael Brainard, the Federal Reserve’s vice chair, said the central bank is “in this for as long as it takes to get inflation down.”
The Jobs Report Could Be Seen as Good News for Biden
Slowing job growth and rising worker participation follow the president’s road map for economic transition
Biden’s Student Loan Plan Sets Off Fierce Debate Among Economists
Liberals and more moderate Democrats are arguing over the impact on inflation, the federal budget deficit and high earners.
Biden’s Big Dreams Meet the Limits of ‘Imperfect’ Tools
The student loan plan is the latest example of Democrats practicing the art of the possible on the nation’s most pressing economic challenges and ending...
Biden Student Loan Plan Squarely Targets Middle Class
President Biden is offering what independent analyses suggest would be his most targeted assistance yet to middle-class workers — while trying to repair what he...
White House Expects Slower Economic Growth in 2022 Than Originally Projected
The Biden administration said its new forecast captured the effects of the Omicron wave of the pandemic and Russia’s invasion of Ukraine.
Economic Aid, Once Plentiful, Falls Off at a Painful Moment
Food insecurity is rising again as relief provided by President Biden’s $1.9 trillion stimulus package wanes.