Tag: inflation
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Powell says COVID variant clouds inflation, economic outlook
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring, while also raising uncertainty about inflation.
Americans are spending but inflation casts pall over economy
Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
Biden aims to do what presidents often can’t: Beat inflation
LBJ tried jawboning. Richard Nixon issued a presidential edict. The Ford administration printed buttons exhorting Americans to “Whip Inflation Now.’’
Inflation ahead? Even a top economist says it’s complicated
WASHINGTON (AP) — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies — when the economy is already surging — have elevated the risk of accelerating inflation.
Levi’s CEO on changing sizes, inflation and voter rights
NEW YORK (AP) — As Americans start to go out and update their wardrobes, jeans giant Levi Strauss & Co. is enjoying a resurgence in denim.
