Why Is The US Economy Experiencing High Growth And Low Inflation? – Analysis

By Kung Chan and Xia Ri

Since the outbreak of the COVID-19 pandemic in 2020, the United States has implemented large-scale cash subsidies, various tax reductions, and wage protection plans. Notably, the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 provided USD 1200 per person, the COVID-Related Tax...