The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent. Federal Reserve Chairman Jerome Powell characterized the rate cut as a ...
Republican Louisiana Sen. John Kennedy criticized Vice President Kamala Harris for her handling of key issues during a Tuesday appearance on Fox News. Kennedy hit Harris and President Joe Biden over ...
Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...