Browsing Tag:raise

powell-says-its-highly-unlikely-the-fed-will-raise-rates-this-year-despite-stronger-economy
Federal Reserve Chairman Jerome PowellKevin Lamarque | ReutersDespite its rapidly recovering economy, Fed chairman Jerome Powell reiterated the central bank's commitment on Sunday to keep monetary policy loose.That includes a near-sure statement that interest rates are going nowhere as inflation remains tame and millions of Americans continue to need help as the nation rebuilds from the damage caused...
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biden-poised-to-raise-taxes-on-business-and-the-rich
Many liberal economists say there are good reasons to collect taxes, starting with using those funds to invest in workers and help build economic opportunity. Spending on physical infrastructure like roads and water pipes, or programs like education and childcare to help people make more money, could help reduce persistent inequalities in income and wealth. Economists also...
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