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Inflation Reduction Act May Heighten Inflation

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Inflation Reduction Act May Heighten Inflation
Dreamstime
By Kate Jiang
8/23/2022Updated: 8/23/2022
0:00
Commentary

The $369 billion plan of climate and energy spending in the Inflation Reduction Act is highly likely to heighten Inflation, at least in the medium term, which goes against the original intention of the Reduced Inflation Act.

Kate Jiang
Kate Jiang
Author
Kate Jiang is a financial analyst and an Epoch Times contributor based in Hong Kong.
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