The legislation will provide much-needed upgrades to the country’s roads, rail systems, airports, water systems, and electric grid. Major infrastructure upgrades will soon be coming to every corner of the country. On November 15, the President signed a $1.2-trillion infrastructure package that been voted on favorably by both the Senate and U.S. House of Representatives. […]

Tags: Inflation, Infrastructure, Interest rates, Taper

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Moderate Senators scaled the program back to $1.75 trillion, with new taxes on high income earners and stock buybacks among the proposals to pay for it. The Democrats in Congress appear to be making progress on a federal spending plan. The Biden Administration had initially proposed a $3.5-trillion plan, but it has been reduced to […]

Tags: Inflation, Interest rates, Taper

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While central banks look to contain the inflationary pressures of the post-pandemic recovery, global supply shortages continue to present major challenges for the recovery. Feds signals when tapering will begin Federal Reserve Chair Jerome Powell recently announced that the Fed could begin tapering its asset-purchase program in November.1 The start of the process may coincide, […]

Tags: Inflation, Interest rates, Taper

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