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8/08/17

notes Christina

__ The Federal Reserve will likely start raising its key short term rate from record lows in September. That a shift from the AP previous survey last fall, when most of the economists predicted a rate hike in June. The plunge in energy prices, which has helped cut inflation further below the Fed 2 percent target, has led many economists to push back their forecast for a rate increase.

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“Study after study has shown this to be the case, and tobacco companies even admit it in their own internal documents.”Sen., D Conn., last year introduced legislation that among other things would nearly double the current federal cigarette tax, from $1.01 to $1.95 per pack. The hike, he said in an interview, would help eliminate the disparity between cigarettes sold in New York and Connecticut and those sold, for instance, in Virginia where state taxes are 30 cents per pack.”The idea that the tax is somehow responsible for the horrific and tragic death of Mr.

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