The central bank is not expected to change interest rates, but its economic projections will be in focus.
Category: United States Economy
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Intel to Receive $8.5 Billion in Grants to Build Chip Plants
The award, to be announced by President Biden at a plant in Arizona, is the biggest the government has made under a new program that aims to rebuild the nation’s semiconductor manufacturing industry.
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Japan’s Labor Market Has a Lesson for the Fed: Women Can Surprise You
Japan’s improved labor force participation for women is a reminder not to assume that job market limits are clear and finite.
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Biden’s Climate Law Has Created a Growing Market for Green Tax Credits
New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace.
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Biden’s Climate Law Has Created a Growing Market for Green Tax Credits
New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace.
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Fed Meets Amid Worries That Inflation Progress Might Stall
Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels prove difficult?
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Email ‘Mistake’ on Inflation Data Prompts Questions on What Is Shared
Traders are closely watching once-obscure economic data, prompting more scrutiny of how widely the government distributes the information.
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Chip Makers Searching for ‘China Plus 1’ Are Finding Malaysia
A flood of American and European companies are expanding there and around Southeast Asia, a sign of how geopolitics is reshaping tech manufacturing.
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Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts
Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the roughly 2 percent that was normal before the pandemic.
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Biden’s Budget Underscores Divide With Republicans and Trump
The president’s $7.3 trillion budget proposal for the next fiscal year includes about $3 trillion in deficit reduction over a decade, largely from raising taxes on high earners and corporations.