Tag: interest rates

Democrats in Congress are urging the U.S. Federal Reserve to cut interest rates immediately, warning that the central bank's restrictive monetary policy is worsening the nation's housing crisis and threatening to derail a strong streak of job growth.

A statement of this intention by the Fed, along with a modest rate cut, would be a huge step in this direction.

Accountable.US warns further hikes "would needlessly and unnecessarily cause a recession and result in millions of Americans losing their jobs."

"The Fed should end its rate hiking campaign for good."

Fed policymakers are poised to raise interest rates at their March meeting and then continue raising them, in order to slow the economy.

President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved...

The potential gains from allowing the economy to continue to grow and for the unemployment rate to drop further are enormous.

It's clear that the Fed feels it needs to get interest rates back up before the bottom falls out of the US economy once again.