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Politics

What are the effects of political party support changes on election outcomes and representation?

Top Republican super PACs aligned with GOP leadership and President Donald Trump are withdrawing cash allotted for the races of two vulnerable House incumbents, according to two people familiar with the matter. The Congressional Leadership Fund, which is aligned with House Speaker Mike Johnson (R-LA), and super PACs affiliated with MAGA Inc., Trump’s political organization, […]

United States
Economy

What are the benefits and drawbacks of smaller, more frequent changes to interest rates?

Federal Reserve Bank of Cleveland President Beth Hammack pointed to smaller, more frequent policy adjustments to help inflation expectations remain anchored. At an event in Cleveland Monday, Hammack stopped short of backing a rate increase this month, but said, “When feasible, I generally think it’s preferable to make smaller adjustments, and to do so relatively quickly, rather than to wait and risk needing a larger course correction.” (Source: Bloomberg)

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