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3232$1.75 Trillion for Climate Change, Social Services — Biden’s ‘Build Back Better’ Plan Advances While Inflation Grips US
https://www.digit.info/1-75-trillion-for-climate-change-social-services-bidens-build-back-better-plan-advances-while-inflation-grips-us/
Wed, 03 Nov 2021 19:30:40 +0000https://www.digit.info/2021/11/03/1-75-trillion-for-climate-change-social-services-bidens-build-back-better-plan-advances-while-inflation-grips-us/Read more]]>This week, U.S. lawmakers are preparing to debate the advance of Joe Biden’s Build Back Better proposal, which is now estimated at $1.75 trillion. The new proposal follows the expansive monetary policy the Federal Reserve engaged in during the last two years expanding the money supply like never before. Meanwhile, U.S. inflation is at a […]
]]>New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
https://www.digit.info/new-data-shows-red-hot-us-inflation-highest-in-30-years-analyst-says-rising-inflation-could-hit-a-tipping-point/
Mon, 01 Nov 2021 18:30:12 +0000https://www.digit.info/2021/11/01/new-data-shows-red-hot-us-inflation-highest-in-30-years-analyst-says-rising-inflation-could-hit-a-tipping-point/Read more]]>Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country has seen in 30 years. Inflation Continues to Rise […]
]]>St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
https://www.digit.info/st-louis-feds-james-bullard-would-support-starting-the-taper-in-november-to-react-to-inflation/
Thu, 14 Oct 2021 05:30:38 +0000https://www.digit.info/2021/10/14/st-louis-feds-james-bullard-would-support-starting-the-taper-in-november-to-react-to-inflation/Read more]]>St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible upside risks to inflation next […]