{"id":410566,"date":"2021-04-11T11:58:48","date_gmt":"2021-04-11T15:58:48","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=410566"},"modified":"2021-04-11T11:58:50","modified_gmt":"2021-04-11T15:58:50","slug":"economists-investors-concerned-over-inflation-spike-fueled-by-stimulus-payments","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/economists-investors-concerned-over-inflation-spike-fueled-by-stimulus-payments\/","title":{"rendered":"Economists, investors concerned over inflation spike fueled by stimulus payments"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Feconomists-investors-concerned-over-inflation-spike-fueled-by-stimulus-payments%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=410566&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2396612\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2396612\" class=\"wp-caption-text\">WASHINGTON, DC \u2013 APRIL 29: U.S. President Donald Trump\u2019s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC. (Photo by Chip Somodevilla\/Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 8:30 AM PT \u2013 Sunday, April 11, 2021<\/h5>\n<p>Economists and investors voiced concerns over increased inflation that they believe was partially fueled by stimulus payments. According to <a href=\"https:\/\/www.cnn.com\/2021\/04\/09\/economy\/us-inflation-rising\/index.html\">reports<\/a> from the Bureau of Labor Statistics, the <a href=\"https:\/\/www.bls.gov\/cpi\/\">U.S. Consumer Price Index<\/a> climbed one percent on a seasonally adjusted basis in March, which was a greater rise than expected.<\/p>\n<p>The highest spike was seen in gasoline prices, which jumped 8.8 percent. These concerns came after Biden\u2019s $1.9 trillion American Rescue Plan was criticized by GOP lawmakers for the damage it would do to the economy.<\/p>\n<div id=\"attachment_2396613\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-2396613\" loading=\"lazy\" class=\"wp-image-2396613 size-full\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-1355.jpeg\" alt=\"WASHINGTON, DC - MARCH 11: U.S. Vice President Kamala Harris speaks at an American Rescue Plan virtual briefing in the South Court Auditorium at the White House on March 11, 2021 in Washington, DC. President Joe Biden signed the $1.9 trillion COVID-19 relief bill into law this afternoon. (Photo by Tasos Katopodis\/Getty Images)\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-1355.jpeg 1024w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/04\/GettyImages-1306551739-315x210.jpg 315w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/04\/GettyImages-1306551739-655x437.jpg 655w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2021\/04\/GettyImages-1306551739-768x512.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p id=\"caption-attachment-2396613\" class=\"wp-caption-text\">U.S. Vice President Kamala Harris speaks at an American Rescue Plan virtual briefing in the South Court Auditorium at the White House on March 11, 2021 in Washington, DC. (Photo by Tasos Katopodis\/Getty Images)<\/p>\n<\/div>\n<p>\u201cNow we have a situation where the economy is reopening,\u201d Federal Reserve Chairman Jerome Powell stated. \u201cThere will be a surge in demand. Perhaps there will be bottlenecks, perhaps, but it seems unlikely that that will change the underlying inflation psychology that has taken deep roots over the course of many, many years.\u201d<\/p>\n<p>He added, he thinks there will be upward pressure on prices, which may be passed along to consumers in the form of price increases. However, Powell stated that experts believe the effects will be temporary.<\/p>\n<p>Meanwhile, Wall Street executives are worried about an abrupt increase in interest rates to counteract high inflation.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/gov-kemp-mlbs-move-hurts-minority-owned-businesses\/\">Gov. Kemp: MLB\u2019s Move Hurts Minority-Owned Businesses<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, DC \u2013 APRIL 29: U.S. President Donald Trump\u2019s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2311990,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-1355.jpeg","fifu_image_alt":"Economists, investors concerned over inflation spike fueled by stimulus payments","footnotes":""},"categories":[],"tags":[],"class_list":["post-410566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-1355.jpeg","fifu_image_alt":"Economists, investors concerned over inflation spike fueled by stimulus payments","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/410566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=410566"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/410566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2311990"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=410566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=410566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=410566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}