The great rate debate

AXA
By April 2, 2021 08:57

The great rate debate

The great rate debate

Global Macro Monthly

President Joe Biden signed the $1.9tn American Recovery Plan into law this month, adding to the $0.9tn stimulus in late 2020. Debate is turning to the next bill on longer-term infrastructure, clean infrastructure and inequality measures on which Biden campaigned. This looks likely to be a more difficult bill to pass. The President will part-fund this package with tax hikes, including on households earning over $400k. Senate minority leader Mitch McConnell has suggested no …

 

AXA
By April 2, 2021 08:57

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