US Senate Pass $1.9 trillion American Rescue Stimulus Plan

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    President Biden’s first major legislative initiative, the $1.9…


    Helmholtz Watson

    Wondered where your tax dollars went ?

    Helmholtz Watson

    Richmond Fed President Barkin:

    We expect high inflation in the next three months
    We will be looking at trimmed mean inflation for next 6 months
    Over the next six months we need to ‘look through’ 12 month inflation
    We will focus on month-over-month inflation and trimmed mean inflation

    Retailers are already seeing things ‘flying off the shelves’ because of stimulus checks
    We need to watch broader measures of jobs like employment-to-population
    We’re not seeing any disorderly markets now
    Prospects for the economy are getting stronger

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