Federal Tax Collections Still Strong Enough to Keep Fed on Tightening Path Despite Market Selloff - InvestingChannel

Federal Tax Collections Still Strong Enough to Keep Fed on Tightening Path Despite Market Selloff

Tax collections rose year to year in January, despite the tax cut taking effect. That means that US economic growth will continue to be hot enough to encourage the Fed to continue Quantitative Tightening and ignore market weakness. Here’s what you need to know. Federal Revenues Pro Trader subscribers (or Professional Edition), click here to download…

The post Federal Tax Collections Still Strong Enough to Keep Fed on Tightening Path Despite Market Selloff was originally published at The Wall Street Examiner. Follow the money!