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Posts published in “federal reserve”

Yellen: Inflation is 'unacceptably high'

Treasury Secretary Janet Yellen described the U.S. inflation rate as “unacceptably high” on Thursday, adding that it is the Biden administration’s “top economic priority to…

Biden hedges inflation backlash with focus on Fed

President Biden’s relationship with the Federal Reserve has come under the spotlight as the White House touts the central bank’s leadership of the fight against…

In shift, White House starts to talk up economy

President Biden and his administration have shifted gears toward a month-long campaign to talk up the economy to show the White House is prioritizing inflation…