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House Budget Committee Chairman Arrington: Federal Reserve Makes No Change to Interest Rates, Meaning Bidenomics is Still Driving Stubbornly High Inflation
May 02, 2024
WASHINGTON, May 2 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on May 1, 2024:

Today, the Federal Open Market Committee (FOMC), the Federal Reserve's (Fed) committee that meets every six weeks to discuss federal interest rates, announced that there will be no immediate change to interest rates.

Chairman Arrington on our Current Economic State:

"Democrats and President Biden have made histor . . .

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