- June 24, 2021
- Posted by: Stratford Team
- Category: Business
Thru the Cycle President John Lonski on inflation concerns and the impact of the biggest surge in consumer spending in decades.
The Biden administration on Wednesday extended a federal pause on evictions by one month through the end of July as millions of Americans struggle to pay their rent.
Centers for Disease Control and Prevention Director Rochelle Walensky signed an order delaying the end of the eviction moratorium – which was poised to expire on June 30 – until July 31, 2021. It is intended to be the final extension of the moratorium, according to a news release.
YELLEN SAYS INFLATION WILL BE HIGHER THAN BIDEN ADMINISTRATION ESTIMATED
The CDC first instituted the eviction freeze last September in order to stave off what experts warned could become the most severe housing crisis in decades.
Congressional Democrats, local officials and other advocacy groups have been warning that when the pause lapsed at the end of the month, there could be…
