Fed’s Goolsbee undecided on September rate cut
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The dismal August jobs report has now put a half-point September rate cut “in play,” according to some analysts, while others caution that inflation pressures from tariffs make a 50-basis-point cut unlikely. Futures tied to the Fed’s benchmark rate put…
A new legislative proposal would permanently eliminate taxes on Social Security benefits, and expand payroll taxes to earnings above $250,000.
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