Rep. Cole Statement on Federal Reserve Interest Rate Hike
June 16, 2022
June 16, 2022
WASHINGTON, June 16 -- Rep. Tom Cole, R-Oklahoma, issued the following statement on June 15, 2022:
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Congressman Tom Cole (OK-04) released the following statement after the U.S. Federal Reserve announced today it is increasing the federal interest rate range by 0.75 percent. This is the largest interest rate increase since 1994.
"The Federal Reserve's attempt to cool the nation's out-of-control, 40-year high inflation is unfortunately pro . . .
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Congressman Tom Cole (OK-04) released the following statement after the U.S. Federal Reserve announced today it is increasing the federal interest rate range by 0.75 percent. This is the largest interest rate increase since 1994.
"The Federal Reserve's attempt to cool the nation's out-of-control, 40-year high inflation is unfortunately pro . . .