Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Double-Barreled Economic Threat Puts Congress on Edge

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
Biden Warns That Climate Change Could Upend Federal Spending Programs

Biden Warns That Climate Change Could Upend Federal Spending Programs

A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures, and the government’s role in adapting to them.