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Victoria GuidaPolitico |
Policymakers were determined to avoid the mistakes of the Great Recession — and they succeeded. But now they are in a mood of “fear and...
The Commerce Department reported Thursday that GDP expanded 3.1 percent in 2023, a year that began with heavy odds of a recession and closed out with...
The Fed has not decided whether to make a fully digital version of the U.S. dollar.
The credit rating firm cited risks to the U.S. fiscal outlook — namely, higher interest rates “without effective fiscal policy measures to reduce...
The U.S. Treasury’s borrowing plans have come into sharp focus this week.
Higher energy costs could push up prices elsewhere, from plane fares to industries heavily reliant on shipping.
Markets have been roiled for weeks as reports have underscored the economy’s resilience.
Millions of people — predominantly foreign-born — have joined the workforce to help fill the number of job openings far exceeding available...
If the Fed keeps raising rates, it will slow spending and hurt consumers, who will face sky-high interest rates on credit card debt just as the 2024...