America First Policy Institute Issues Commentary to The Hill: Hold the Rate. Fed Can't Pump Oil.
October 31, 2026
October 31, 2026
WASHINGTON, Oct. 31 -- The America First Policy Institute issued the following excerpts of a commentary:
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Hold the rate. The Fed can't pump oil.
October 30, 2026
At its recent meeting, the Federal Reserve decided to maintain its interest rate target, forgoing a hike that would have been the second in six weeks. The target federal funds rate remained between 3.75 percent and 4 percent, with two members of the Federal Open Market Commit . . .
* * *
Hold the rate. The Fed can't pump oil.
October 30, 2026
At its recent meeting, the Federal Reserve decided to maintain its interest rate target, forgoing a hike that would have been the second in six weeks. The target federal funds rate remained between 3.75 percent and 4 percent, with two members of the Federal Open Market Commit . . .