Inflation

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A top economic aide to President Joe Biden moved to reassure moderate Democratic that the new $3.5 trillion budget bill would not fuel long-term inflation as they begin pivoting toward the next obstacle to the administration's economic agenda. ...
Economists surveyed by The Wall Street Journal expect the Labor Department to report the consumer-price index rose 5.3% in July from a year earlier. ...
National Economic Council Director Brian Deese joined Stephanie Ruhle to discuss how the Biden White House plans to tackle inflation after a new report revealed that consumer prices increased 5.4 percent last month from a year ago. He also explains how President Biden and Democrats will balance the rising costs as they push sweeping economic proposals. ...
House Democrats are pressuring House Speaker Nancy Pelosi (D-CA) to hold an immediate vote on the Senate's infrastructure bill. ...

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