Fed to hold rates until at least July; first cut not start of stimulus wave: Reuters poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold interest rates until at least July, later than earlier thought, according to a slim majority of economists…
Ohio AG Study Links Stimulus Checks With Spike In Opioid Deaths
Republican Ohio Attorney General Dave Yost released a study Thursday and suggested there is a link between the distribution of COVID-19 pandemic-related stimulus checks and high rates of opioid-related overdoses in his…
ECB’s De Cos says withdrawal of stimulus scheme should be data-dependent, gradual
MADRID – European Central Bank policymaker Pablo Hernandez de Cos on Thursday said that any premature tightening of monetary policy would only hurt the economy and stimulus should be withdrawn gradually. “The…
ECB’s Visco says flexible approach needed in unwinding stimulus
By Francesca Landini PARMA, Italy -The European Central Bank (ECB) will keep a flexible approach as it unwinds its ultra-expansionary monetary policy, monitoring not only inflation threats but also risks of uneven…
Federal Reserve Sticks To Rate Hike Schedule, Signals End To Asset Purchase Stimulus
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve Chairman Jerome Powell said Wednesday after the central bank’s two-day meeting. The…
Fed To Pivot Away From Pandemic Era Stimulus As Unemployment Falls And Inflation Soars
The Federal Reserve is likely to shift away from its pandemic era stimulus programs as inflation continues to soar and unemployment falls. The Fed, under the leadership of Jerome Powell, signaled that…
Chicago Woman Charged With Filing False Income Tax Returns To Fraudulently Obtain Refunds and Stimulus Payments
CHICAGO —A Chicago woman has been indicted on federal criminal charges for allegedly fraudulently obtaining the personal identifying information of deceased individuals and using it to file for tax refunds and stimulus…
Report: Americans planning to spend stimulus checks on guns
Forbes magazine today reported that many Americans are planning to spend their latest stimulus checks on guns. The last two stimulus payments lead to an uptick in gun and ammunition sales nationwide.…
McDaniel: Sending a $1,400 check to the Boston Bomber is not COVID-19 relief
Once again, prisoners will also be getting stimulus checks from the federal government through the third round of COVID-19 relief funding. Included in the first two rounds of stimulus that went to…
Mitt Romney votes against stimulus citing too much wasteful spending
WASHINGTON, D.C. – Utah Senator Mitt Romney has been voting alongside Democrats in the 2021-2022 legislative session, but today broke off with his allies on the other side of the aisle. Romney…
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