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The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.
Continue reading …The White House and bipartisan lawmakers have agreed on a package that would provide funding for roads, bridges and other physical infrastructure.
Continue reading …Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.
Continue reading …The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.
Continue reading …Federal Reserve officials conclude a two-day meeting in Washington on Wednesday. The focus will be on laying the groundwork for less supportive policy.
Continue reading …Probably not. But there are potential challenges with both supply and demand that put the economy at risk.
Continue reading …The gap between the rich and poor countries will widen as the United States and other advanced economies will expand faster than expected, according to new projections.
Continue reading …Policymakers, now more attuned to the costs of choking off growth early, are sticking by a patient approach as prices rise.
Continue reading …An economic group concluded that the downturn was limited to March and April 2020, though the pandemic’s impact continues to play out.
Continue reading …A looming deadline and a last-minute need for a new revenue source are complicating a deal that was announced nearly a month ago.
Continue reading …