Investors and lawmakers enamored with cheap money may well balk when monetary authorities try to throttle things back.
The central bank may even accept a temporary rise above its 2% inflation target.
The result is likely to be an uneven recovery, even as GDP rebounds.
The Fed chairman begs to differ on the president's economic optimism.
Slowly but not surely, the world economy is emerging from its coronavirus-enforced hibernation.
Consumers and companies are expected to emerge from this crisis gingerly and build buffers against the next.
The government may not be providing the economy with all the support it might need.
International economic policy makers are meeting this week to decide on further action to save the global economy.
The central bank has responded aggressively to blunt the effect of the pandemic on the U.S. economy.
The money comes on top of the massive stimulus that the Fed had already announced.
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