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“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates ...
Fannie Mae now predicts rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
A new tax system, which now has a flat rate of 20% tax on interest earned on time deposits, is being criticized by the public. This came after President Ferdinand "Bongbong" Marcos approved the ...