Monday, March 15, 2021

White House eyeing possible small threat of inflation in the middle of COVID stimulus, Rouse says


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Economy11 hours back (Mar 15, 2021 12: 30 PM ET)

White House eyeing possible small risk of inflation amid COVID stimulus, Rouse says © Reuters. Cecilia Rouse arrives to be sworn in as the brand-new chair of the Council of Economic Advisers by U.S. Vice President Harris at the White Home in Washington

WASHINGTON (Reuters) – There is a small threat of inflation following the $1.9 trillion COVID-19 stimulus strategy, but the Biden administration will closely keep track of the scenario, White House Council of Economic Advisers Chairwoman Cecilia Rouse said on Monday.

” Any financial investment is going to have some dangers,” she informed MSNBC, adding that the bigger danger is not doing enough to help the economy. “Yes, there is a little threat of inflation.

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