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PCE Inflation Data Out Today; Leading Economic Index Still Points to Recession By Michael Maloney Good day. The last key inflation reading of the year will be released today, and economists...
We don’t need to embrace small government to deal with debt.
“The Era of Big Taxes Is Upon Us” announced a Wall Street Journal headline earlier this week. You could have fooled me. In 1980, according to the nonprofit Tax Policy Center, the average total tax burden in the United States was 22.4 percent of household income. That was President Jimmy Carter’s last year in office. By 1988, President Ronald Reagan’s last year in office, that had fallen to 21.9 percent. By 2019, the last year for which the Tax Policy Center has any data, it was down to 19.4 perc
The European Central Bank may well start to look at cutting interest rates as inflation slows convincingly and its focus turns to avoiding a recession, according to Michael Field, European market...
Time for Fed to Start Thinking About Rate Cuts, Daly Says; Hope for Rate Cuts Fuels Market Momentum; BOJ Sticks to Negative Rates for Now By James Christie Good day. Federal Reserve Bank of San...