When Congress takes up a second Trump tax cut bill next year, the single most pro-growth policy President-elect Donald Trump ...
The Republican chair of the House’s tax writing committee called on Congress to quickly extend President-elect Trump’s 2017 ...
The inflation adjustments that have just been released by the IRS for 2025 may not create a huge change in your tax bill or tax refund — if you’re expecting one. However, it is important to ...
The Tax Cuts and Jobs Act (TCJA ... Federal income tax brackets are adjusted annually for inflation, so these comparisons do not reflect current federal income tax brackets for the 2024 tax ...
Slower progress on inflation, which is not seen returning to the 2 percent target until 2027, translates into a slower pace of rate cuts and a slightly higher ending point for rates at 3.1 percent, ...
The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chair Jerome Powell said more reductions in ...
Eight years ago, similar optimism about tax cuts and deregulation pushed growth and interest rate estimates higher. Recent data supports a more cautious pace of rate cuts. Inflation remains ...
The policymakers had kept their key rate at its peak for more than a year to try to quell inflation ... Trump's proposed corporate tax cuts into their economic analyses, but not his proposed ...