|
Economists are betting on rates being held in September with a cut to come in November instead.
|
RELATED ARTICLES | | |
|
We speak with Maya Berry, the executive director of the Arab American Institute, after she faced racist and hostile questioning from Republicans at Tuesday's Senate Judiciary Committee hearing, including Senator John Kennedy, who told Berry, "You should hide your head in a bag." The experience illustrated the very problem of dehumanization the hearing was meant to address, Berry says: "That kind of bigotry and hatred is difficult to hear from anyone, but to actually experience it at a hate crime hearing from a sitting member of this institution was pretty extraordinary." We also speak with Democratic Congressmember Delia Ramirez of Illinois, who has introduced a resolution to honor 6-year-old Wadea al-Fayoume, a Palestinian American boy stabbed to death in a Chicago suburb last October in an anti-Muslim and anti-Palestinian attack. "His horrible bigotry and hate have real consequences in the Arab community and the Palestinian community, in other communities, and it makes us all less safe," Ramirez says of Kennedy.
|
|
(First column, 9th story, link)
Related stories:
CONFUSION: Trump Speaks of Nonexistent Debate Audience, Says 'They Went Crazy'...
Suggests Migrants Will Try to KILL HIM...
Now JD warns about slavery if Kamala elected?
MAGA BOOS RATE CUT!
|
|
The president's speech on Thursday won't be a "victory lap," officials said, but it will celebrate falling inflation and borrowing costs along with solid growth.
|
|
 Ronda Churchill/ReutersA crowd assembled to hear Republican vice presidential candidate JD Vance speak on Wednesday reacted strongly to a reporter's question about the Federal Reserve cutting interest rates by half a percentage point, booing as the journalist pointed out that the move would take the strain off Americans struggling with rising prices.
"Just on the Fed cutting—it's a very Wall Street Journal-y question, but the Fed cut the interest rate today by a half a percentage point," the reporter can be heard saying in footage of the Raleigh, North Carolina rally, "[that's] going to alleviate inflation for a lot of people. And so if you have any reaction to that?"
As the audience jeered, Vance replied, "Look, my reaction is… half a point is nothing compared to what American families have been dealing with for the last three years."
Read more at The Daily Beast.
|
|
