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Exclusive: Donald Trump mulls middle-class tax cut as he eyes return to office
U.S. Republican presidential candidate Donald Trump has indicated to advisers he is keen on a new middle-class tax cut should he return to the White House, two people familiar with the discussions ... Read More
Biden’s Plan B on Inflation: Turn It Against Trump
Price pressures aren’t easing fast enough to guarantee the interest-rate cuts the president hoped to see by November, so his message is evolving. Read More
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits
Former Treasury Secretary Larry Summers warned Wednesday that a second Trump administration could destroy the U.S. economy, predicting an “inflationary spiral.” “I don’t think it would just ... Read More
The Fed may have pumped so much money into the economy that it's now taking way longer to cut rates
So the Fed can keep interest rates higher for longer to cool price rises — although the central bank also has room to cut should the labor market "unexpectedly weaken," Powell added. "If higher ... Read More
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