Warren, Hickenlooper, Whitehouse Urge Fed to Protect American Economy, Cut Interest Rates from 20-Year Highs
July 31, 2024
July 31, 2024
WASHINGTON, July 31 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
Senators Elizabeth Warren (D-Mass.), John Hickenlooper (D-Colo.), and Sheldon Whitehouse (D-R.I.) wrote to the Chair of the Federal Reserve Board (Fed), Jerome Powell, urging a cut to interest rates at this week's Federal Open Market Committee (FOMC) meeting, in light of economic data showing that inflation is decreasing and is very close to the Fed's target. If the Fed fails to cut rat . . .
Senators Elizabeth Warren (D-Mass.), John Hickenlooper (D-Colo.), and Sheldon Whitehouse (D-R.I.) wrote to the Chair of the Federal Reserve Board (Fed), Jerome Powell, urging a cut to interest rates at this week's Federal Open Market Committee (FOMC) meeting, in light of economic data showing that inflation is decreasing and is very close to the Fed's target. If the Fed fails to cut rat . . .