Posted inConsumer Behavior Inflation (Economics) Interest Rates United States Economy PCE Inflation, the Fed’s Preferred Measure, Sped Up in November The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected. Posted by By Jeanna Smialek
Posted inDeLauro, Rosa L Democratic Party House of Representatives internal-storyline-no Musk, Elon Presidential Election of 2024 Raskin, Jamie (1962- ) Republican Party Roy, Chip (1972- ) Shutdowns (Institutional) Trump, Donald J United States Economy United States Politics and Government The Shutdown Crisis Leads to Questions About Who Is in Charge Donald Trump has yet to take office but the president-elect and Elon Musk are already influencing policy, putting the federal government hours away from a shut down. Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler
Posted inFederal Budget (US) House of Representatives National Debt (US) Republican Party Senate Tax Cuts and Jobs Act (2017) Treasury Department Trump, Donald J United States Economy United States Politics and Government Trump Tossed a Debt Limit Grenade Into Spending Talks. Here’s Why. President-elect Donald J. Trump was forced to negotiate with Democrats over the borrowing cap during his first term. Posted by By Alan Rappeport
Posted inBank of England Bank of Japan Federal Reserve System Furman, Jason Inflation (Economics) Interest Rates internal-storyline-no Powell, Jerome H Presidential Election of 2024 Shutdowns (Institutional) Stocks and Bonds Tax Cuts and Jobs Act (2017) Trump, Donald J United States Economy United States Politics and Government Washington and the Markets are Feeling the President-elect Effect The President-elect takes office in a month, but his influence on policy is already being felt by investors and across Washington. Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler