House Budget Committee Chairman Arrington Statement on Federal Reserve Interest Rate Cut
September 19, 2024
September 19, 2024
WASHINGTON, Sept. 19 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on Sept. 18, 2024:
Today, the Federal Open Market Committee (FOMC), the Federal Reserve's (Fed) committee that decides the future path of interest rates, announced a 0.5 point reduction in the federal funds rate.
Chairman Arrington on Our Current Economic State:
House Budget Committee Chairman Jodey Arrington (R-TX) released the f . . .
Today, the Federal Open Market Committee (FOMC), the Federal Reserve's (Fed) committee that decides the future path of interest rates, announced a 0.5 point reduction in the federal funds rate.
Chairman Arrington on Our Current Economic State:
House Budget Committee Chairman Jodey Arrington (R-TX) released the f . . .