Taxes

Fed's Rosengren: Rate rises key to keep economy from overheating

Federal Reserve Bank of Boston President Eric Rosengren said Saturday additional interest-rate rises are needed to keep the economy on track, while warning that Fed officials need to make policy with an eye on longer-term issues over short-term data fluctuations.

Gary Cohn: Middle-income tax cuts are non-negotiable

U.S. National Economic Director Gary Cohn said on Friday that while the Trump administration is open to negotiating the specific terms of tax reform, it won’t budge on two items: a middle-class tax cut and a corporate tax cut.