Fed Signals Rate Hike Possible This Year
The Federal Reserve notes a strengthening U.S. economy and signals a likely rate increase this year, though Chair Janet Yellen and policymakers remain cautious. They expect gradual hikes after initial moves, with GDP growth trimmed by winter contraction and soft business investment amid falling oil prices and a strong dollar.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
U.S
Janet Yellen
Fed
Yellen
Carl Tannenbaum
Northern Trust
Tannenbaum
GOP plans to extend health law subsidies if high court acts
Congressional Republicans meet to map a temporary continuation of health care subsidies for millions in case the Supreme Court strikes down Obama care. The plan would run through the year, then allow states to use block grants or let individuals receive tax subsidies directly, with a two year cap before a broader overhaul replaces the law. Some conservatives urge ending subsidies entirely and opting out of requirements.
MENTIONED IN THIS ARTICLE
Washington
Congressional
Supreme Court
House
Senate
Capitol
Barack Obama
Ple
GOP
Dennis Ross
R-Fla
Ross
Congress
John Barrasso
R-Wyo
White House
America
Barrasso
Sen
Ted Cruz
Texas
Obama and Republicans forge rescue effort on trade authority
President Obama and top Republican leaders unite on a quick bipartisan push to pass a stand-alone bill granting enhanced negotiating authority for a 12 nation Pacific Rim trade deal. Boehner and McConnell pledge timely action to extend aid to workers displaced by imports as Democrats and unions push for broader package rules.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Congress
House
Obama
John Boehner
Senate
Mitch McConnell
Viding
White House
GOP
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THE
Associated Press
Manuel Balce
Federal
OaCa
Federalreserve.gov
Congressional Gop
Anmefensin
Mhsonge Pap
Bredad Wepening
N. Grandview
WNI
Country Center
Odessa
Ube
Peter
Andrews Hwy
James Y. Li, MD
Sth St
Oaoa
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