The composite of the Leading Economic Index was up 0.2% in February following a revised unchanged level in January, the Conference Board said Thursday.
If the IRS fails to provide a regulatory fix, two members of Congress may address the issue legislatively in bicameral affordable housing legislation that had wide bipartisan support in the last Congress.
Although the Federal Reserve has made clear it will hold interest rates for the time being, the panel still has much to discuss, including the end of balance sheet normalization and the Fed’s review of how it formulates, conducts, and communicates monetary policy.
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