With slogans and in social-media posts, the former president has dribbled out ideas that, together, would fundamentally change how taxes are collected in the U.S.
Category: United States Economy
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What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.
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Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.
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30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
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Has the Fed Pulled Off the Elusive Soft Landing?
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank overstepped its bounds.
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After Fed Cuts Rates, Biden Will Claim Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
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How to Read the Fed’s ‘Dot Plot’ Like a Pro
The Federal Reserve is expected to cut rates on Wednesday. Wall Street is focused on how much, and on what comes next.
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What Trump Has Said About Interest Rates, and Why It Matters
He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.
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How Big Will the Fed Rate Cut Be? Officials Need to Strike a Balance.
Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.
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Why Uncertainty Still Hangs Over the Fed’s Rate Decision
Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, or more.
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A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race
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Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.