'Increasingly alarmed.' Joe Manchin goes after the Fed on inflation
CNN
Democratic Senator Joe Manchin is taking the Federal Reserve to task over inflation.
In a Thursday letter to Fed Chairman Jerome Powell, Manchin called for the US central bank to immediately reverse course and remove stimulus support for the economy before it overheats. "With the recession over and our strong economic recovery well underway, I am increasingly alarmed that the Fed continues to inject record amounts of stimulus into our economy," the moderate lawmaker from West Virginia wrote.
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