Studies consistently find that the 2017 law cut taxes for most Americans. Most of them don’t buy it. Source: https://www.nytimes.com/2019/04/14/business/economy/income-tax-cut.html?partner=rss&emc=rss…
Tag: United States Economy
Mnuchin Says China Trade Talks Are Nearing Final Round
The Treasury secretary said China would have the right to enforce United States commitments. Source: https://www.nytimes.com/2019/04/13/us/politics/mnuchin-china-trade-talks.html?partner=rss&emc=rss…
As Fed Chief, Jerome Powell Navigates an Angry President and Turbulent Markets
How Jerome H. Powell handles the next few months will be a critical test of his leadership skills, as he tries to guide the bank through a highly uncertain moment in the global economy. Source: https://www.nytimes.com/2019/04/13/business/jerome-powell-fed-trump.html?partner=rss&emc=rss…
Why Does Trump Want to Debase the Fed?
The tax cut fizzled; send in the clowns! Source: https://www.nytimes.com/2019/04/08/opinion/fed-herman-cain-stephen-moore.html?partner=rss&emc=rss
What the Rest of the World Can Learn From the Australian Economic Miracle
As Americans worry about the potential end of a 10-year expansion, it’s worth studying the Aussies, whose winning streak is about to turn 28. Source: https://www.nytimes.com/2019/04/06/upshot/australia-lessons-economic-miracle.html?partner=rss&emc=rss
What’s at Risk if the Fed Becomes as Partisan as the Rest of Washington
The credibility of the Federal Reserve around the world has been built over decades. Source: https://www.nytimes.com/2019/04/06/upshot/fed-moore-cain-risk-partisanship.html?partner=rss&emc=rss
Trump Says Fed Should Cut Rates and Lift Economy
President Trump said on Friday that he wants another round of quantitative easing from the central bank. Source: https://www.nytimes.com/2019/04/05/business/economy/trump-fed-interest-rates.html?partner=rss&emc=rss
Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street
M.M.T.’s fans include Alexandria Ocasio-Cortez, Bernie Sanders — and financial analysts at Goldman Sachs, Nomura and GMO. Source: https://www.nytimes.com/2019/04/05/business/economy/mmt-wall-street.html?partner=rss&emc=rss
The March Job Numbers Tell Us the Economy Is (Still) Doing Fine
After a weak showing last month, a sigh of relief as this expansion seems to have room to run yet. Source: https://www.nytimes.com/2019/04/05/upshot/the-march-job-numbers-tell-us-the-economy-is-still-doing-fine.html?partner=rss&emc=rss
March Jobs Report: Here’s What to Watch For
After a lackluster February — just 20,000 jobs added — the report for March will be closely examined, but analysts expect hiring to have bounced back. Source: https://www.nytimes.com/2019/04/05/business/jobs-report-unemployment-march.html?partner=rss&emc=rss