On the recordJuly 23, 2022
A recession is a broad-based contraction that affects many sectors of the economy. We just don't have that.
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nbcnews.comA recession is a broad-based contraction that affects many sectors of the economy. We just don't have that.
Janet Yellen discusses the current economic situation and emphasizes that the economy is not in a recession despite some signs of slowing.
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The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
How is it that our corporations, our multi-nationals would remain competitive if they pay a rate on their foreign profits that is higher than 15 percent?
He has explicitly said that he will not agree to raise taxes for people making under $400,000.
I think what we found during that time was that implementing strong capital, liquidity, and risk management rules led to a stronger banking system.