On June 3, 2023, President Joe Biden signed the Fiscal Responsibility Act (FRA) into law, officially suspending the federal debt ceiling and averting what had become a high-stakes showdown on Capitol Hill. The bipartisan agreement, negotiated between the White House and House Speaker Kevin McCarthy, lifted the debt limit through January 1, 2025, and introduced a package of spending constraints, …
On May 3, 2025, the Federal Reserve raised its benchmark federal funds …
On April 19, 2023, House Speaker Kevin McCarthy introduced the “Limit, Save, …
In a span of just five turbulent days in March 2023, the …
On February 1, 2025, the Federal Reserve’s Federal Open Market Committee (FOMC) raised …
The U.S. Treasury announced on January 19, 2025, that the federal government …
On December 14, 2022, the Federal Reserve raised interest rates by 50 …
On November 2, 2022, the Federal Reserve approved its fifth consecutive 75-basis-point …
On October 7, 2022, the U.S. Department of Labor released the September …
On September 21, 2022, the Federal Reserve raised interest rates by another …
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