Saturday - November 23, 2024
Warren, Hickenlooper Call on Fed to Deliver Bigger Rate Cut to Protect the Economy and Provide Relief for American Families
November 04, 2024
WASHINGTON, Nov. 4 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:

Ahead of the Federal Reserve's (Fed; the Board) November Federal Open Market Committee meeting, U.S. Senator Elizabeth Warren (D-Mass.) and John Hickenlooper (D-Colo.) urged Fed to deliver a 50 basis point (.50%; each basis point is one hundredth of a percent) cut to the federal funds rate.

After months of calling on the Fed to cut the federal funds rate, the Board finally . . .

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