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Home»BITCOIN NEWS»US senators are calling on the Federal Reserve to cut interest rates and warning that the Fed’s policies threaten the economy and risk a recession.
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US senators are calling on the Federal Reserve to cut interest rates and warning that the Fed’s policies threaten the economy and risk a recession.

By Crypto FlexsJune 11, 20241 Min Read
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US senators are calling on the Federal Reserve to cut interest rates and warning that the Fed’s policies threaten the economy and risk a recession.
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Three U.S. senators have urged Federal Reserve Chairman Jerome Powell to cut interest rates, saying high interest rates are suppressing the economy and raising home and auto insurance premiums, a major cause of inflation. They called for an immediate interest rate cut to stabilize the economy, warning that prolonged high interest rates risk a recession and rising unemployment. Senator (…)

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