IRS Hiking Interest Rates on Oct. 1
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.
interest rates
Despite Economic Concerns, Small Business Owners Remain Optimistic
Small businesses have record-high expectations for revenue and hiring in Q2 in the face of high inflation and rising interest rates.
Fed Chairman Says One or Two Interest Rate Hikes Maybe Be Necessary in 2023
Federal Reserve Chair Jerome Powell said returning U.S. inflation to 2% is crucial to support the long-term health of the U.S. economy, and that more interest-rate increases may be needed this year.
Fed Holds Interest Rates for Now, But Increases Expected to Come
Federal Reserve officials paused on Wednesday following 15 months of interest-rate hikes but signaled they would likely resume tightening at some point to cool inflation.