Latest from Rachel Siegel

Economic tremors hit White House at crucial moment for Biden policy agenda

The Biden administration and Federal Reserve have waved off fears of out-of-control inflation, saying that bumps in prices will be temporary and won’t pulse through the whole economy.
  • May 12, 2021

Fed concerned about the risks that accompany soaring markets

Expectations for a strong economic recovery could have some repercussions for financial stability.
  • May 6, 2021

Economy grew by 1.6 percent in first quarter, showing signs of boom to come

The U.S. recovery likely found its rhythm in the first three months of 2021, according to early forecasts of data to be released by the Bureau of Economic Analysis this morning. It appears likely all Covid-19-era losses will be recovered by the middle of this year.
  • Apr 29, 2021

Fed says vaccinations and strong policies are helping economy as inflation rises

Inflation is also rising in certain areas, but Federal Reserve Chair Jerome H. Powell said that those increases aren’t expected to persist through the entire economy.
  • Apr 28, 2021

What’s in Biden’s $1.8 trillion American Families Plan?

The White House’s proposal would direct hundreds of billions of dollars to child care, paid family leave, tuition-free community college, and a slew of other initiatives.
  • Apr 28, 2021

Two blocks from the Federal Reserve, a growing encampment of the homeless grips the economy’s most powerful person

Federal Reserve Chair Jerome H. Powell says the recovery is far from over. The bleak reality is made clear outside his window on his drive to work.
  • Apr 17, 2021

Fed’s Powell says reopening economy too quickly could cause new coronavirus spike

In a 60 Minutes interview, Jerome H. Powell said the pandemic still controls the fate of the recovery, and that many of the disparities that have worsened over the past year will take time to fully address.
  • Apr 11, 2021

Biden budget seeks to flip script on Trump administration’s spending priorities

White House wants more money for all the programs Trump had sought to slash.
  • Apr 9, 2021
  • Post Reports

Could the economy get … too good?

Why some prominent economists and Republican lawmakers are worried the economy might recover too quickly. And, what it’s like to be a teenager while lawmakers debate your right to exist.
  • Apr 6, 2021
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What’s in Biden’s $2 trillion jobs and infrastructure plan?

The proposal, which includes a major focus on climate change, could lay the groundwork for Biden’s economic agenda.
  • Mar 31, 2021
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