Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...

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 ...

Fed chair Jerome Powell acknowledged on Wednesday that Trump's economic platform, which includes the threat of major tariff ...

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 Federal Reserve is likely to continue lowering interest rates, but the trend may not last in the new year.

Tax cuts, tariffs and mass deportations could put upward pressure on prices — and interest rates, some analysts say.

Image Credit: Gulf News archives WASHINGTON: The US Federal Reserve is widely expected to announce a quarter-point cut to its key lending rate on Wednesday, despite a recent uptick in inflation.

The inflation data did not deter Wall Street from placing bets for another interest rate cut by the US Fed, with the policy verdict due next week. Also Read: US Fed rate cut: First inflation ...

President-elect Donald Trump says renewing tax cuts would turbo-charge investment and boost US economic growth — a pledge ...

including tax cuts and tariffs, which could sustain consumer demand and complicate inflation control efforts. The Fed’s updated economic forecasts may show policymakers reluctant to cut ...

He was clear. If his tax cut bill is not extended — American taxpayers fall back into living under Obama’s tax rates. Victory requires that there be one “reconciliation bill” that ...