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US Economy
Fed taper could start 'soon' and end around mid-2022: Powell
The projections are not a policy commitment and reflect the personal views of policy makers.
September 23, 2021
US Economy
US Fed's US$8 trillion balance sheet will only grow
Don’t expect the Federal Reserve to materially shrink its balance sheet for quite some time.
August 12, 2021
US Economy
Joe Biden's pro-market agenda
In this new environment, “buyer beware” is a hollow adage.
July 27, 2021
US Economy
Biden's first 100 days off to a good start
Biden’s first 100 days have gone better than expected. However, internal politics threaten to undermine his bold fiscal policies.
May 21, 2021
US Economy
BOS sees peak US growth coming in 2021 with inflation unlikely to be an issue
Inflation is not seen to be a problem as economic recovery sets in.
May 10, 2021
US Economy
Fed upgrades view of economy while keeping rates near zero
The US Fed upgraded its assessment of the US economy but said it was not ready to consider scaling back pandemic support.
April 30, 2021
US Economy
Biden plans US$2.25 trillion spending, corporate tax hikes
Biden will present his “American Jobs Plan” Wednesday in Pittsburgh.
April 01, 2021
US Economy
Biden's tax plan to feature corporate tax hikes, relief for $110,000 income households
Top Republicans are already warning that Democrats will need to go it alone.
March 17, 2021
US Economy
US approves Biden's US$1.9 trillion Covid-19 relief bill
Most Americans will receive direct payments of US$1,400 ($1,885), with the money to start going out within days.
March 11, 2021
US Economy
US Senate passes US$1.9 trillion relief bill after marathon votes
The measure, the American Rescue Plan Act, now heads back to the House, where a vote will be held on Tuesday.
March 08, 2021