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Playbook PM: Three big spending blitzes that could shape 2024
Politico· 8 hours agoROY COOPER all said they’d given the Journal interviews that ran counter to its narrative of...
House GOP propose defunding IRS Direct File, further budget cuts to enforcement
Federal News Network· 8 hours agoHouse Republicans are proposing defunding the IRS’ Direct File platform, which allows households to...
Don’t sleep on the possibility of a Fed rate cut in July, economists say
Market Watch· 2 days agoMost Wall Street economists think investors can take the summer off, with no Federal Reserve rate ...
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
Fortune via Yahoo Finance· 4 days ago"You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in...
Largest state budget in Illinois history signed despite bipartisan calls for cuts
The Center Square· 6 hours agoApproved by the House last week, and the Senate the week before that, the budget spends $53.1...
Record Investment Income Fuels Continued Consumer Spending
PYMNTS.com· 12 hours agoRising investment income, high household wealth and strong employment rates are keeping Americans ...
Congress is already bracing for a 2025 fiscal pileup
Politico via Yahoo Finance· 2 days agoCongress is headed for a perilous spending pileup in early 2025 — with crisis points on the debt ceiling, federal spending, tax cuts and budget caps all ...
Bond Traders Pile Into Fresh Bets on Faster Pace of Fed Cuts
Bloomberg via Yahoo Finance· 16 hours ago(Bloomberg) -- Bond traders are tilting dovish again, piling into wagers that would benefit from a...
Snap up gold ETF ahead of potential interest rate cuts as deficits persist, market pro says
CNBC· 1 day agoGold is a smart investment idea amid heightened government deficit spending — and any cuts to...
Savings account interest rate forecast for summer 2024: Everything experts predict
CBS News· 11 hours agoAt one point in early 2024, economists forecasted an interest rate cut after the Federal Reserve...