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Category: Macroeconomic


Capital and Risk, Macroeconomic

Sen. Cardin: ‘Very Hard to Predict’ When Budget Will Be Balanced

June 14, 2021

Via: CNSNews.com

When asked when Congress would balance the budget given that President Biden’s budget plan racks up $14.5 trillion in cumulative deficits over the next 10 years, Sen. Ben Cardin (D-Md.) said, for now, the focus should be on growing the […]


Capital and Risk, Macroeconomic

Sen. Marshall: My Goal is to Balance the Budget, ‘Would Be a 10-Year Process’

June 9, 2021

Via: CNSNews.com

Although President Biden’s budget proposal would create $14.5 trillion in federal deficits over the next 10 years, Sen. Roger Marshall (R-Kansas) said his goal is to balance the budget and that it could be done within 10 years. At the […]


Capital and Risk, Liquidity, Macroeconomic

U.S. inflation could hit 3% or 4% by the middle of 2022, veteran strategist warns

April 21, 2021

Via: CNBC

More and more strategists believe investors are underestimating the outlook for consumer prices. David Roche, president of investment firm Independent Strategy, is among them. He told CNBC on Wednesday that the U.S. inflation rate, which stood at 2.6% in March […]


Capital and Risk, Macroeconomic

Jamie Dimon says economic boom fueled by deficit spending, vaccines could ‘easily run into 2023’

April 7, 2021

Via: CNBC

Jamie Dimon is bullish on the U.S. economy – at least for the next few years. In his annual shareholder letter, the long-time JPMorgan Chase chairman and CEO said he sees strong growth for the world’s biggest economy, thanks to […]


Capital and Risk, Macroeconomic

Biden says higher corporate tax won’t hurt economy; Manchin opposes 28% rate

April 5, 2021

Via: CNBC

President Joe Biden said Monday he is not worried that a plan to increase corporate America’s tax bill would dampen the U.S. economy as it emerges from the Covid-19 pandemic. Asked whether he is concerned that the White House plan […]


Capital and Risk, Macroeconomic

As COVID Restrictions Lifted in March, So Did Jobs (+916,000) and Number of Employed (+609,000)

April 2, 2021

Via: CNSNews.com

As more cities and states reopen, the number of jobs created and the number of employed Americans continues to substantially increase. In March, according to the Bureau of Labor Statistics, the economy added a whopping 916,000 jobs, compared with +468,000 […]


Capital and Risk, Macroeconomic

Powell praises economic recovery and sees Fed pulling back help after ‘substantial’ progress

March 25, 2021

Via: CNBC

Powerful fiscal help from Congress combined with accelerated vaccine distribution has allowed the U.S. economy to recover faster than expected, Federal Reserve Chairman Jerome Powell said Thursday. At some point, that will allow the central bank to dial back the […]


Capital and Risk, Macroeconomic

Here’s where the Federal Reserve sees interest rates, the economy and inflation going

March 17, 2021

Via: CNBC

The Federal Reserve on Wednesday dialed up its economic growth expectations but signaled that there are no expected interest rate hikes for the next two years. The so-called dot-plot projections budged little, with most members still expecting to keep rates […]


Capital and Risk, Macroeconomic

UK hikes corporation tax to 25% as pandemic support hits £407 billion

March 3, 2021

Via: CNBC

LONDON — British Finance Minister Rishi Sunak announced Wednesday that U.K. corporation tax will increase to 25% in April 2023 as the government looks to restore public finances in the aftermath of the Covid-19 pandemic. In his Budget statement Wednesday, […]


Capital and Risk, Macroeconomic

Weekly jobless claims drop sharply but labor market remains challenged

February 25, 2021

Via: CNBC

Jobless claims fell sharply last week despite severe winter storms that swept across Texas and other parts of the South, the Labor Department reported Thursday. First-time filings for unemployment insurance totaled 730,000 for the week ended Feb. 20, well below […]