Fed interest rate cut expected, but you’ll have to wait a bit longer
This week’s Federal Reserve meeting probably won’t result in an interest rate cut, but it will likely lay the ground...
archivetag:Fiscal Policy News
Federal Reserve’s Jerome Powell speaks on interest rates, inflation
Federal Reserve Chair Jerome Powell told Congress Tuesday the labor market "has cooled really significantly across so many measures," a...
206,000 jobs added last month
U.S. employers added 206,000 jobs in June as hiring held steady despite persistent inflation and high interest rates.But the employment...
Soaring U.S. deficit will cut into Americans’ income, economists say
The government’s deficit problem is creating an income problem for Americans, economists warn.Last week, the Congressional Budget Office raised its...
False claim of IRS program giving children money in 2024
The claim: IRS will give $300 to children under 6 monthly starting in JulyA June 9 Facebook post (direct link,...
Inflation lingers, but will interest rate change?
If you’re hoping for an interest rate cut from the Fed today, don’t hold your breath.Chances of a rate cut...
When will the next fed rate cut be? Look ahead to future FOMC meetings
Virtually no one expects the Federal Reserve to lower interest rates when officials conclude their two-day meeting Wednesday. But economists...
More Americans are crossing Biden’s $400,000 tax-hike threshold
During the 2020 presidential campaign, candidate Joe Biden presented voters with a bold pledge: He wouldn’t raise taxes on anyone...
Another $7 billion OK’d this month
Student loan borrowers should keep eyes on their accounts in the coming months as the Biden administration pushes forward with...
Inflation goal of 2% is too rigid and Fed should cut rates, some say
Two percent inflation is more than just the Federal Reserve’s goal, one could argue, as it works to wrestle down...
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