Manchin calls on Fed, Biden admin to 'do something' on inflation

South Africa News News

Manchin calls on Fed, Biden admin to 'do something' on inflation
South Africa Latest News,South Africa Headlines
  • 📰 FoxNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 87%

Sen. Joe Manchin, D-W.Va., joined Republicans Thursday in raising the alarm on rising inflation, saying now is not the time for sweeping spending plans from Congress.

Fox News contributor Karl Rove explains why President Biden's trip to Virginia will be 'not good politically' for local Democrat Abigail Spanberger.Sen. Joe Manchin, D-W.Va., joined Republicans Thursday in raising the alarm on rising inflation, saying now is not the time for sweeping spending plans fromManchin expressed concern about new economic numbers out Thursday that showed inflation accelerated 7.5% in January, reaching a fresh 40-year high.

During a WVMetroNews radio interview Thursday, the senator, referring to the Fed, said"They can't keep pussyfooting around like they've been." Rep. Blaine Luetkemeyer, R-Mo., ranking member of the House Small Business Committee, said,"Americans cannot keep up with reckless spending coming from the Democrats and this administration. Enough is enough."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxNews /  🏆 9. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inflation keeps getting worse: A peek inside the mounting trouble for the Fed and BidenInflation keeps getting worse: A peek inside the mounting trouble for the Fed and BidenGood news: You can get a cheap hotel! Bad news: You can't afford the airfare to fly anymore. Today's inflation news, explained 👇🏼
Read more »

USD/CHF consolidates as traders await US inflation readings to confirm Fed hawkish biasUSD/CHF consolidates as traders await US inflation readings to confirm Fed hawkish biasAt 0.9242, USD/CHF is flat on the day as traders get ready for the US Consumer Price Index that will be released in the US morning, expected to seal t
Read more »

Atlanta Fed GDPNow latest estimate: 0.7% Q1Atlanta Fed GDPNow latest estimate: 0.7% Q1The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2022 is 0.7 percent on February 9, unchanged f
Read more »

Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed MembershipCaitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed MembershipNEW: Wyoming-based crypto bank AvantiBT, led by CaitlinLong_, is a step closer to potentially acquiring a master account with the federalreserve. nikhileshde reports
Read more »

Fed Bullard is concerned about the January inflation print, Fed could be open to an inter-meeting increase.Fed Bullard is concerned about the January inflation print, Fed could be open to an inter-meeting increase.Federal Reserve Bullard says that he favours the first half-point rate hike since 2000 and defers to chair Jerome Powell on a potential for a 50bps ra
Read more »

Fed seen raising interest rates at every policy meeting until the fallFed seen raising interest rates at every policy meeting until the fallIn the wake of the strong CPI report, the market is now open to the view that the Federal Reserve will hike rates at every meeting until September.
Read more »



Render Time: 2025-03-13 10:38:33