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Biden says he’ll ‘work like hell’ to pass infrastructure, social spending bills

Biden says he’ll ‘work like hell’ to pass infrastructure, social spending bills

© Reuters. U.S. President Joe Biden talks to reporters as Speaker of the House Nancy Pelosi watches after the president met with Democratic lawmakers at the U.S. Capitol to promote his bipartisan infrastructure bill on Capitol Hill in Washington, U.S., October 1, 20 By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden said on Saturday…

Fed’s Harker says he worries inflation won’t be as transient as expected

Fed’s Harker says he worries inflation won’t be as transient as expected

© Reuters. FILE PHOTO: Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo NEW YORK (Reuters) – While he does not expect inflation to spiral out of control, Philadelphia Federal Reserve Bank President Patrick Harker said he is worried inflationary pressures may not be as transient as expected. “I…

Euro zone to discuss economic hit from soaring energy prices

Euro zone to discuss economic hit from soaring energy prices

© Reuters. FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski By Jan Strupczewski and Kate Abnett BRUSSELS (Reuters) -Euro zone finance ministers will discuss soaring energy prices on Monday, concerned they could slow economic recovery, impact on investment decisions and disproportionately hit the poorest, a European Commission…