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Major central banks enacted significant rate cuts in December, marking the largest easing push for 2024 since 2009.
China's state planner has introduced guidelines to develop a unified market, ensuring fair competition and regulated local government policies.
Federal Reserve officials stress the necessity of continuing the fight against inflation to achieve a 2% target.
Thomas Barkin emphasizes the need for the Fed to maintain a restrictive policy to ensure inflation trends toward the target level.
Ongoing discussions about the U.S. debt limit reveal a larger issue of fiscal mismanagement and impending economic challenges.
Asian markets fall as Tokyo stays closed for New Year holidays amid investor concerns over political uncertainty and U.S. policies.
Nine states will lower individual income tax rates as of January 1, 2025, impacting taxpayers positively amidst a growing trend of state-level tax reductions.
China faces a challenging economic reality in 2024, with increased preparations needed for a prolonged period of slow growth.
In 2025, 21 states will raise minimum wage, impacting millions of workers and boosting earnings nationwide.
In 2025, 21 states will increase their minimum wage, benefitting over 9 million workers amidst growing economic concerns.
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