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ECB Rate Cutsin Financial Markets
Updated 5 hours ago

The ECB may cut interest rates below 2%, signaling a potential shift in monetary policy as even former hawks suggest easing.

Financial Markets
New York Republican floats higher tax rate to pay for SALT
neutralFinancial Markets
A New York Republican, Rep. Nick LaLota, is suggesting a higher tax rate to revive the stalled "One Big Beautiful Bill," which aims to address the SALT (state and local tax) deduction cap. His weekend post on X hints at urgency, framing the bill as needing momentum to move forward.
What This Mean: The SALT deduction cap has been a pain point for high-tax states like New York, where residents feel unfairly penalized. LaLota’s push—even if it means higher taxes—shows how contentious this issue remains. If the bill gains traction, it could mean relief for some taxpayers, but it also highlights the messy politics of tax reform.

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