Inflation Reduction Act ‘Will Have No Measurable Impact on Inflation,’ Economists Say
Pres. Biden recently signed Inflation Reduction Act (IRA) into law with goal of taming inflation and addressing climate, tax, and health care issues.
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Powell Is Not About to Go All Volcker on Rates at Jackson Hole, Goldman’s Hatzius Says
I do think he will be saying there's a risk of over-tightening. It makes sense to go a little bit more slowly than the outsized increases.
Powell Has Chance to Reset Market Expectations at Jackson Hole
Fed Chair, Jerome Powell will have a chance, if he wants to take it, to reset expectations in financial markets when central bankers gather this week.
Fed Officials Offer Mixed Signals on Size of September Rate Hike
Bullard favored going big again, we should continue to move expeditiously to a level of policy rate put significant downward pressure on inflation.
Fed Officials United on Need to Hike Rates, Divided Over How High to Go
"I don't really see why you want to drag out interest rate increases into next year," Bullard told the WSJ.
Blackstone’s Tax-Free Hedge Fund Pitch Draws Scrutiny From Senate’s Wyden
Senate Finance Committee Chair Ron Wyden is probing the use of private placement life insurance among wealthy Americans to avoid taxes.
Why the Inflation Reduction Act is Called What it is
What it will do is boost green-energy funding, provide health care and pharmaceutical subsidies for some Americans and beef up tax collection.
