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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
Posted inBudgets and Budgeting Federal Budget (US) Government Bonds Interest Rates National Debt (US) Personal Finances Stocks and Bonds United States Economy United States Politics and Government

The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.

If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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Posted by By Alan Rappeport Jim Tankersley and Jeanna Smialek
Fed President Backs Slowdown as Support Mounts for Smaller Rate Move
Posted inCollins, Susan M (1959- ) Government Bonds Inflation (Economics) Interest Rates Labor and Jobs United States Economy

Fed President Backs Slowdown as Support Mounts for Smaller Rate Move

Susan M. Collins, president of the Federal Reserve Bank of Boston, said she was leaning toward a quarter-point move at the central bank’s Feb. 1 meeting.
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Posted by By Jeanna Smialek
Powell Says Fed ‘Will Not Be’ a Climate Policymaker
Posted inBanking and Financial Institutions Federal Reserve System Global Warming Inflation (Economics) Oil (Petroleum) and Gasoline Powell, Jerome H Speeches and Statements United States Economy United States Politics and Government

Powell Says Fed ‘Will Not Be’ a Climate Policymaker

In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
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Posted by By Jeanna Smialek
As Infrastructure Money Lands, the Job Dividends Begin
Posted inBuilding (Construction) Hiring and Promotion Inflation Reduction Act of 2022 Infrastructure (Public Works) Infrastructure Investment and Jobs Act (2021) Labor and Jobs United States Economy

As Infrastructure Money Lands, the Job Dividends Begin

Trillions of dollars in government spending will profoundly affect the labor market, but in ways hard to measure, and mostly under the surface.
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Posted by By Lydia DePillis

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