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Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
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A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major hurdle for a resilient but harried U.S. economy.
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Core inflation is too sticky for the Fed to ease and it's likely to remain that way until events in the Middle East stabilize, says Morgan Stanley.
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Powell Says He Will Stay On as Fed Governor After Term as Chair Ends The New York TimesFed holds rates steady but with highest level of dissent since 1992 CNBCPowell says he'll remain on U.S. Federal Reserve board, denying Trump a chance to name his own appointee CBCFed officials poised to dissent on rates with Warsh on verge of getting chair PoliticoPowell to remain as Fed governor, denying Trump a key vacancy
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This year is shaping up to be a milestone moment for state income taxes after last year's massive changes to federal income taxes.
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The IRS is asking for whistleblowers to report misuse, diversion or fraudulent use of federal funds by nonprofits, individuals and businesses.
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