News

• Fed Officials are Divided over Whether the Economy Needs More Rate Cuts Thursday, August 22, 2019 in Press View More
• Libraries as Community Development Partners, Session at Downstate ICMA Monday, August 12, 2019 in Goings on for Illinois Agencies

  Diana Brawley Sussman, Director of the Carbondale Public Library, presented an out-of-the-box perspective on libraries and community development during a joint conference in Carbondale held by the Downstate City/County Managers Association and the Southwestern Illinois City Managers Association on August 9th.

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• August 2019 IMET Monthly Newsletter Monday, August 12, 2019 in Monthly Newsletters View More
• July 2019 IMET Monthly Newsletter Wednesday, July 10, 2019 in Monthly Newsletters View More
• Feds Block Tax Breaks for Donating to these Charitable State Funds Friday, June 14, 2019 in Press

  The Internal Revenue Service and the Treasury Department have issued final rules blocking certain states’ attempts to work around the new $10,000 cap for state and local tax deductions.

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• June 2019 IMET Monthly Newsletter Friday, June 14, 2019 in Monthly Newsletters

  Download the June 2019 IMET Monthly Newsletter here

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• Don't Count on the Fed Cutting Rates When the Economy is this Good Wednesday, June 12, 2019 in Press

  ^{"Fade the futures.” That’s market jargon for going against the financial futures market, in this case the contracts on what the federal-funds rate will be in months hence. The market is betting on multiple reductions in the Federal Reserve’s main interest-rate target later this year. The trouble is, the futures market was just as certain late last year that multiple rate increases were ahead.}

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• Fed's Bullard Says Rate Cut May Be Needed "Soon" Monday, June 3, 2019 in Press

  The Federal Reserve may need to cut interest rates soon to prop up inflation and counter downside economic risks from an escalating trade war, St. Louis Fed President James Bullard said.

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• May 2019 IMET Monthly Newsletter Wednesday, May 8, 2019 in Monthly Newsletters

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• Fed Holds Rates Steady, Citing Lack of Inflation Thursday, May 2, 2019 in Press

  Federal Reserve officials voted to hold interest rates steady Wednesday, as a lack of inflation pressure outweighed an economy that otherwise is growing strongly.

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