This post was originally published on this site Democrats are poised to orient the country’s tax system in a whole new direction.
This post was originally published on this siteFederal Reserve officials are set to wind down their $120 billion-a-month bond-purchase program in November, but questions over how soon inflation pressures will fade are creating more uneasiness inside the central bank.
This post was originally published on this siteGross domestic product data from the U.S. and eurozone this week will show how sharply economic growth slowed in the third quarter.
This post was originally published on this siteFederal Reserve Chairman Jerome Powell indicated he is somewhat more concerned about higher inflation and said that the central bank would watch carefully for signs that households and businesses were expecting sustained price pressures to continue.
This post was originally published on this site Supply bottlenecks and labor shortages have slowed US economic growth and contributed to a sharp rise in prices, the Federal Reserve said Wednesday. The constraints and shortage of goods caused “significantly elevated prices” in most areas of the country, the Fed said...
This post was originally published on this siteThere’s no quick fix for the current pandemic-induced supply chain crisis, but the bipartisan infrastructure bill currently held up in Congress would help prepare the complicated system to handle the next disruption.
This post was originally published on this siteTreasury Secretary Janet Yellen said in a Wednesday interview that the U.S. economy is on still on track for a strong recovery from the “very unusual shock” of the pandemic despite labor shortages and high inflation.In an interview with MSNBC’s…
This post was originally published on this siteAfter a series of meetings at the White House with lawmakers, new details are emerging about possible cuts to the $3.5 trillion spending bill, in areas like community college tuition and guaranteed paid family leave. Nancy Cordes reports from the White House.
This post was originally published on this siteNothing embodied the promise of globalization more than the humble supply chain, but that is now under siege, threatening to end an era of low costs and endless variety.