Cranking Up The Inflation Machine: Fed Delivers Rate Cut
2025-09-17 23:40:00 ET
By Mike Maharrey
The Federal Reserve cranked up the inflation machine, despite acknowledging “ inflation has moved up and remains somewhat elevated .” The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent. The committee projected two more cuts before the end of the year....
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