Fourth stimulus check live updates: COLA 2022, Biden signs infrastructure bill, tax credit for children… – Community News
Stimulus Check

Fourth stimulus check live updates: COLA 2022, Biden signs infrastructure bill, tax credit for children…

Federal Reserve aims to improve pre-pandemic economy

Inflation issues will be at the center of Federal Reserve as the government agency tries to map out the nation’s ongoing economic recovery.

The Fed’s focus is on high inflation, which it hopes is primarily related to the pandemic and likely to decline without the need for higher interest rates. President Joe Biden’s focus, as we have reported, is on a just successful… $1 Trillion Infrastructure Bill and a $1.75 trillion follow-up package Build Back Better, which focuses on education, healthcare and climate change.

“We are so focused on short-term recovery,” said Nela Richardson, chief economist at payroll processor ADP, but “it’s not just about going back to where we started“It’s really taking stock where we are and the structural changes that have been caused by Covid.”

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