Nelson D Schwartz and Jeanna Smialek While the Biden administration’s ambitious effort to salve the pandemic’s deep economic wounds made its way through Congress, proponents insisted that funneling $1.9 trillion to U.S. households and businesses wouldn’t unshackle a long-vanquished monster: inflation. Officials at the Federal Reserve, responsible for balancing the job needs of Americans with price pressures that could erode their buying power, have said there is little cause for worry. Yet as the legislation moved toward the finish line, inflation prospects...
Moneycontrol Pro Panorama | Rural gets a second wind
May 26, 2023 / 03:07 PM IST
In today’s edition of Moneycontrol Pro Panorama: Can PM Modi help clinch deal with Australia, steel output is losing its glint, ...Read Now
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