The central bank expects inflation to run above 3% for the rest of the year
The central bank is expected to reduce its weekly purchases of federal bonds on Wednesday
The increase has heightened concerns that the Fed might introduce rate hikes earlier than expected
The central bank said in a report that its low-interest-rate policies are providing “powerful support”
Clients who borrow to invest may be intrigued by a recent court case on interest deductibility
The prescribed rate on loans to family members remains set at 1%
The Federal Reserve may act sooner than planned to start dialing back low-interest rate policies
The PBO estimate that budget deficits over the next five years will be $117.1 billion more than pre-budget forecasts
Rising global interest rates pose a threat to the U.S. financial system, the Fed said in a recent report
The bank is projecting economic growth of 7.25% for the U.K. in 2021