Tax the Rich: Biden to End Trump's Tax Cuts for The Wealthy
House Dems have proposed legislation that could end Trump tax cuts for wealthy and corps. If passed could implement biggest tax increases in decades.
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Wall Street Economists Split on Whether Fed Cuts Rates in 2023
Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year but at odds over how high.
Fed's Kashkari: Not Stopping Rate Hikes Until Inflation Peaks
It's hard to know how high the U.S. central bank will need to raise interest rates, Minneapolis Federal Reserve Bank President Neel Kashkari said.
Fed Officials See More Hikes Needed Though News on Prices Better
Federal Reserve officials stressed the need to keep raising interest rates while acknowledging recent encouraging news on US consumer prices.
Brainard Says Fed Should Probably ‘Soon’ Slow Pace of Rate Hikes
Federal Reserve Vice Chair Lael Brainard said the central bank should soon moderate the size of its interest-rate increases.
Fed May Need to Hike Interest Rates Above 6% to Crush Inflation, Larry Summers Says
Stubbornly high inflation could force the Federal Reserve to aggressively raise interest rates above 6%.
US Inflation to Cool Only Slightly, Keeping Big Fed Hike in Play
US inflation probably moderated just slightly in Oct. Data due Thurs., another above-forecast reading may dash expectations to downshift by Fed.
