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The Biden administration’s spending on stimulus to keep the economy going during the COVID pandemic may have contributed a little bit to inflation, Treasury Secretary Janet Yellen said in an interview ...
Treasury Secretary Yellen, after years of denying or ducking the issue, is conceding that President Biden’s Covid-19 stimulus package contributed to the soaring prices of the past four years but ...
At the start of the year, the U.S. economy had largely shaken off the remaining symptoms of COVID-19. The 2020 pandemic recession was short-lived. The downturn economists predicted in 2023 and 2024 ...
The headlines say inflation is down, and politicians call it progress. But for most Americans, those headlines don’t make it past the checkout line. Prices may not be climbing as fast, but they never ...
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