A run-up in longer-term interest rates could help the Federal Reserve get the economic cool-down it wants — but it also risks a bumpy landing.
Tag: Treasury Department
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A Rural Michigan Town Is the Latest Battleground in the U.S.-China Fight
Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.
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U.S. National Debt Tops $33 Trillion for First Time
The fiscal milestone comes as Congress is facing a new spending fight with a government shutdown looming.
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Biden Celebrates Inflation Reduction Act’s Effects on Law’s First Anniversary
The anniversary of the Inflation Reduction Act happened to coincide with a significant decrease in the inflation rate, but the law was really about priorities like clean energy, drug prices and corporate taxes.