Fed, Trump and Interest Rates
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The Federal Reserve Open Market Committee unanimously raised interest rates by a quarter-point on Wednesday, noting “inflation remains elevated.” Fed Chair Kevin Warsh will speak to the increase at a
Trump made the remarks during an interview with Axios published Thursday.
Mother learns missing son found safe during live news conference -
Trump’s spoke for about an hour in Gastonia as he described violent crime in explicit detail and cast North Carolina as a crime-ridden state.
The House has voted for a third time to end the Iran war, the Kennedy Center board has voted to close the venue for renovations and Trump heads to North Carolina for candidate Michael Whatley.
Vice President Vance and Attorney General Todd Blanche are expected to unveil new fraud charges on Monday tied to Emergency Rental Assistance (ERA) loans issued during the COVID-19 pandemic. The
Trump called Nvidia CEO Jensen Huang live at the All-In Summit, dismissing AI safety concerns as a hoax and pledging federal support for data-center expansion.
The debate soon made its way on to the broadcast news chatshows, with Fox News anchor Jesse Watters cheerfully contemptuous of the apocalyptic powers of AI as he portrayed it as nothing more than the equivalent as an all-singing, all-spelling kettle.
A Republican member of Congress who is running for reelection in a Florida House district that is not considered to be competitive put out an ad on Thursday in which she breaks with President Trump’s at-times lethal immigration enforcement and mass deportation policies.
The Federal Reserve hiked interest rates for the first time since 2023, citing “geopolitical” factors beyond its control.
The Trump administration’s unusual silence on the future of temporary legal status for people from El Salvador has plunged an immigrant community of around 200,000 people into limbo, leaving them uncertain when, or if, they will be allowed to stay in the U.S.
The Federal Reserve raised interest rates by a quarter point yesterday for the first time since 2023. At a press conference after the unanimous decision, Fed chair Kevin Warsh said that inflation has been above target for too long.