Bidenomics Boosts US Economy, Fanning Soft-Landing Hopes, Inflation Fears

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Bidenomics Boosts US Economy, Fanning Soft-Landing Hopes, Inflation Fears
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Bidenomics is boosting the US economy, feeding fears growth will fuel inflation along with hopes of dodging a recession

is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the US will avoid a recession while fanning fears it will be stuck with too much– stepped-up

infrastructure spending, increased investment in a green economy and a build-up in semiconductor– helped galvanize demand in the second quarter and is likely to have a bigger impact going forward.

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