Rosen, Colleagues Call on Federal Reserve to Cut Interest Rates to Lower Housing Costs
June 10, 2024
June 10, 2024
WASHINGTON, June 10 -- Sen. Jacky Rosen, D-Nevada, issued the following news release:
Today, U.S. Senator Jacky Rosen (D-NV) joined her Senate colleagues in sending a letter calling on Federal Reserve Chair Jerome Powell to cut federal interest rates as a way to lower the costs of rent, mortgages, and housing construction. The Federal Reserve's federal funds rate is the highest it has been in two decades.
"The Fed's current interest rate policy is also having the . . .
Today, U.S. Senator Jacky Rosen (D-NV) joined her Senate colleagues in sending a letter calling on Federal Reserve Chair Jerome Powell to cut federal interest rates as a way to lower the costs of rent, mortgages, and housing construction. The Federal Reserve's federal funds rate is the highest it has been in two decades.
"The Fed's current interest rate policy is also having the . . .