Fed Divided Over When to End Stimulus
WASHINGTON — Federal Reserve policymakers are divided over when to end extraordinary measures intended to encourage more borrowing and spending to help stimulate the U.S. economy, according to minutes of the Fed’s last meeting released Wednesday. The minutes of the Fed’s March 19-20 meeting were released at 9 a.m. EDT — five hours earlier than planned — after the Fed inadvertently sent them a day earlier to congressional staffers and lobbyists. The report showed that a few members want to end “relatively soon” a program that is spending $85 billion a month to purchases bonds. Those members say the costs likely outweigh the benefits. A few others saw the risks as increasing quickly and said the purchases would likely need to be reduced “before long.” Many members said an improved job market could lead them to slow purchases within a few months, and a few said economic conditions would likely justify continuing the program until late this year. (MORE: Obama’s Budget Would ...
United States: Massachusetts Health Care Reform - Fair Share Hearing Practices - Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
The Massachusetts Division of Unemployment assistance continues to audit Massachusetts employers, making sure that anyone doing business in Massachusetts is either meeting the requirements of the Fair Share Law or paying the appropriate penalty ($73.75 per employee per quarter).
Found more than 1 month ago on channel Mondaq