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Yellen says COVID spending may have contributed 'little bit' to inflation
The Biden administration's spending on stimulus to keep the economy going during the COVID pandemic may have contributed a little bit to inflation, U.S. Treasury Secretary Janet Yellen said in an interview on CNBC on Wednesday.
Janet Yellen says COVID spending may have contributed ‘little bit’ to inflation in rare admission by Biden official
Yellen said there had not been much progress in lowering prices in recent months, but she remained convinced that the US was on a “downward path.”
Treasury Secretary Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation
Treasury Secretary Janet Yellen joins CNBC's 'Money Movers' to reflect on her tenure in the Biden administration.
Mises Institute
19h
Politicians Won’t Solve Our Spending Problem Unless We Make Them
Mike Johnson promised drastic spending cuts in his House address last Friday. But, as Thomas Massie pointed out, Johnson's ...
1d
on MSN
What to know about DOGE and its quest to slash government waste, spending
Proponents of the Department of Government (DOGE) say that it will work with Congress to slash up to $2 trillion in ...
6d
Ron Johnson: Reducing ‘out of control’ government spending is not only ‘reasonable but doable’
Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an ...
13h
on MSN
‘Deadpool & Wolverine' Was the U.K.'s Biggest-Selling Title of 2024 as Streaming Saves Video Spending
The expletive-riddled Marvel movie topped the list with 561,917 sales in Britain - more than 80 percent of them digital.
2d
Black Friday spending lifts UK retail sales at end of 2024
Black Friday spending helped lift retail sales in late 2024 but overall sales in the final quarter of last year proved ...
1d
Mind the Gap: Cloud Spending is Perplexing CFOs
Cloud spending confusion is rising among CFOs. Learn how FinOps, automation, and AI-powered solutions can improve cost ...
1d
on MSN
Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges
More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission ...
6d
US reports construction spending unchanged in November
U.S. construction spending was unchanged in November as a moderate rise in single-family homebuilding was offset by a sharp ...
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