#Here’s how stimulus checks could cost Americans in the long run

Admin6 years ago05 mins

“#Here’s how stimulus checks could cost Americans in the long run” Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say — meaning those stimulus checks might not be free money after all. Congress’s unprecedented stimulus measures coupled with the Federal Reserve’s aggressive efforts to shore up the economy…

#Fed vows to keeps interest rates on hold until inflation rises

Admin6 years ago06 mins

“#Fed vows to keeps interest rates on hold until inflation rises” The Federal Reserve kept interest rates pinned near zero on Wednesday and promised to keep them there until inflation is on track to “moderately exceed” the US central bank’s 2 percent inflation target “for some time.” The change in guidance is part of a…