Industry News – August 4, 2022

Federal Reserve Interest Rate Hike May Spark a Recession As expected, the Federal Reserve raised benchmark interest rates by another 75 basis points in its ongoing attempts to stem inflation. While lending is expected to get tougher, analysts are more concerned the...

Policy News – August 4, 2022

Lawmakers are working on getting the Inflation Reduction Act passed before the looming Congressional recess. The bill, which is a revival of President Biden’s Build Back Better bill, aims to invest more than $400 billion over the decade by reforming the tax code,...