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US Economy

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.

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.

US Economy

Joe Biden's pro-market agenda

In this new environment, “buyer beware” is a hollow adage.
Off to a good start - THE EDGE SINGAPORE

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.
BOS sees peak US growth coming in 2021 with inflation unlikely to be an issue - THE EDGE SINGAPORE

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.

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.

US Economy

Biden plans US$2.25 trillion spending, corporate tax hikes

Biden will present his “American Jobs Plan” Wednesday in Pittsburgh.

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.

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.

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.
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