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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessThe following story did the rounds in late NY....>
US: The following story did the rounds in late NY hours on Monday:
- White House Officials Eyeing Payroll Tax Cut In Effort To Reverse Weakening
Economy (Washington Post)
- Several senior White House officials have begun discussing whether to push for
a temporary payroll tax cut as a way to arrest an economic slowdown, three
people familiar with the discussions said, revealing the growing concerns by
President Trump's top economic aides.
- The talks are still in their early stages, and the officials have not decided
whether to formally push Congress to approve the cut, these people said,
speaking on condition of anonymity because they weren't authorized to disclose
internal discussions. But the White House in recent days has begun searching for
proposals that could halt a slowing economy.
- Link: https://tinyurl.com/yygzg7q5
- Since then CNN's Jim Acosta tweeted comments from White House officials:
"Cutting payroll taxes is not something under consideration at this time."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.