Daly Sees Fed Raising Rates Above 5%, But How Far Is Unclear
Two Federal Reserve officials said central bank will likely need to raise interest rates above 5% before pausing and holding for some time.
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Fed’s Bullard Says Falling Money Supply a Good Sign on Inflation
A sharp decline in the M2 measure of the US money supply could be good news for policymakers.
Fed Minutes: No Rate Cuts in 2023, Inflation Risk Remains in Focus
Officials noted Fed would need to maintain a “restrictive policy stance” until data gave central bankers confidence inflation pressures were easing.
Minneapolis Fed's Kashkari Calls for Raising Interest Rates at Least a Few More Times This Year
Minneapolis Fed President Neel Kashkari will push for raising interest rates at least three more times — for a total of about a percentage point.
US Speeds Up Timeline in China Firms Delisting Threat
US lawmakers ratcheted pressure on Chinese companies whose shares list on American stock exchanges to be more transparent with their financial audits.
IRS Ditches New Tax Requirement For Now That Would Have Caused ‘Lots of Confusion’
IRS is delaying the new $600 reporting threshold for 1099-K tax forms, a move many tax experts believe will help avoid potential chaos.
White House’s Bernstein Warns GOP on Debt Ceiling: An 'Awful Time to Fool Around'
White House chief economist Jared Bernstein warned Republicans against using the debt ceiling as a negotiating tool next year.
