After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength

After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength

The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
Biden’s Stimulus Juiced the Economy, but Its Political Effects Are Muddled

Biden’s Stimulus Juiced the Economy, but Its Political Effects Are Muddled

Some voters blame the American Rescue Plan for fueling price increases. But the growth it unleashed may be helping the president stay more popular than counterparts in Europe.
The Perils of the Fed’s Vast Bond Holdings

The Perils of the Fed’s Vast Bond Holdings

The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says.