Warsh’s Fed Holds Rates While Trump’s Tariffs and War Keep Inflation High
Common Dreams · 1 hour ago
Today, the Federal Reserve held the federal funds rate steady at 3.50% to 3.75%, its fifth straight meeting without a move. For working families, this means no relief on mortgages, credit cards, or car loans. Although inflation briefly cooled in June, that temporary relief was driven by cheaper…
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