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Border debate swaying Democrats, possibly control of Congress

WASHINGTON —  The Republican effort to solidify immigration as a decisive issue in the November election promises to influence the rematch between President Biden and former President Trump, and has already intensified the pressure on swing-district Democrats as their party fights to win control of Congress. Seeking a political advantage, Trump continues to hammer Biden over

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Congress Could Unload the Fed’s Weapon

The US Capitol, seat of Congress, on the back of a fifty dollar bill. John Cochrane’s The Fiscal Theory of the Price Level examines the relationship between fiscal policy and inflation, which many consider to be the increase in the price level of a basket of goods and services. An influential and accomplished economist at

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Business as usual in China after the NPC congress

THE yearly National People’s Congress (NPC) in China took place from the 4th to 11th of March. It is not a forum where new politics or economic initiatives are discussed from the speaker’s desk with around 3,000 delegates. The interesting part is the communication from the political leadership on where they want to take the

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Semiannual Monetary Policy Report to the Congress

by Calculated Risk on 3/06/2024 08:48:00 AM This testimony will be live here at 10:00 AM ET. Report here. From Fed Chair Powell: Semiannual Monetary Policy Report to the Congress. An excerpt on policy: We believe that our policy rate is likely at its peak for this tightening cycle. If the economy evolves broadly as

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