Economy11 hours ago (Mar 15, 2021 12:30PM ET)
© Reuters. Cecilia Rouse arrives to be sworn in as the new chair of the Council of Economic Advisers by U.S. Vice President Harris at the White House in Washington
WASHINGTON (Reuters) – There is a small risk of inflation following the $1.9 trillion covid-19 stimulus plan, but the Biden administration will closely monitor the situation, White House Council of Economic Advisers Chairwoman Cecilia Rouse said on Monday.
“Any economic investment is going to have some risks,” she told MSNBC, adding that the larger risk is not doing enough to help the economy. “Yes, there is a small risk of inflation. We will be watching. We will be monitoring.”
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.