The Potential Impact of a Government Shutdown The Threat of a Shutdown With Congress facing a tight deadline to pass new spending legislation, the possibility of a government shutdown looms large. If a deal cannot be reached between Republicans and Democrats before October 1st, a significant portion of the federal government will be forced to […]
Fed Raises Interest Rates by 0.25 Point, Opens Door to Another Hike Despite Easing Inflation The Federal Reserve has raised its key interest rate by a quarter point, despite a recent pullback in inflation. This move nudges the federal funds rate to the highest level in 22 years. The Fed also signaled that another rate […]
Federal Reserve Pauses Rate Increases, But Worries Persist Inflation Remains a Key Concern The Federal Reserve announced on Wednesday that it would abstain from raising interest rates for the first time in over a year. However, officials also signaled that rates would likely rise further in 2023, as inflation continues to exceed the central bank’s […]
