Global Macro Service > Research Briefings > United States

Macro Musings: While Congress fiddles, the Fed keeps the flame burning

Like his former boss, Barack Obama, Joe Biden will be inheriting a damaged economy when he assumes office on January 20. Unlike his predecessor, he is not likely to have as much support in Congress to jump-start growth. The window to pass a fiscal stimulus package is narrowing and its questionable if even expiring special programs to provide aid to unemployed workers will be renewed.

To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below