Free Trial

Biden Advisor Says More US Stimulus Needed in 2021 Even If Deal Reached Soon


Top economic advisor to presidential contender Joe Biden, Jared Bernstein said more economic relief would likely be needed early next year even if the current negotiations are successful. "The likelihood that the output gap is closed by then is about zero and that would imply the need for another package."

MNI Washington Bureau | +1 202-371-2121 |
MNI Washington Bureau | +1 202-371-2121 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.