The market hadn’t fully rebounded from the pandemic. Some worry that another slowdown could add to fears of a recession.
Tag: United States Economy
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Fed Meeting Holds High Stakes for Biden
The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.
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Yellen Says U.S. Ready to Protect Smaller Banks if Necessary
In prepared remarks, the Treasury secretary pledged that the Biden administration would take additional steps as needed to support the banking system.
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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.