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Monday, December 09, 2019 {{ new Date().getDay() }}

Washington (AFP) - Even in the face of rising inflation, the lackluster progress on restoring jobs lost during the pandemic means the US Federal Reserve is unlikely to budge on monetary policy when it meets next week. Central bank chief Jerome Powell has made it clear the Fed will hold the line on its massive bond buying program and rock-bottom lending rates until data reflect lasting improvement in employment across all economic strata. But the recent surge in inflation in the world's largest economy is ramping up the pressure on policymakers to begin to pull back on stimulus programs. Hints ...

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Sen. Kyrsten Sinema

Reprinted with permission from Alternet

Frustrated by some of her more conservative positions, progressive activists have been threatening to primary Sen. Kyrsten Sinema of Arizona in 2024 — when the centrist Democrat will be up for reelection. And according to a new poll from Data for Progress, Democrats in Arizona would favor some of Sinema's possible primary opponents.

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