Sen. Manchin Says Fed Should Start Reversing Pandemic-era Easy-Money Policies - DJ
(Updated - August 5, 2021 3:53 PM EDT)
(Updated - August 5, 2021 3:48 PM EDT)
Sen. Joe Manchin raised alarms about inflation in a letter to Fed Chair Jerome Powell on Thursday, calling on the central to start reversing the emergency support it has provided during the pandemic, according to a report form Dow Jones.
Manchin was concerned Fed policies and additional legislation in Congress could exacerbate recent spikes in inflation.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump: Scott Bessent will not be going to be super intelligence (SI) czar
- Fed plans to raise bank oversight thresholds - Reuters
- Fed’s Goolsbee says inflation may require faster rate hikes
Create E-mail Alert Related Categories
Fed, Politics, Trader TalkRelated Entities
Jerome PowellSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share