Republicans Cry Foul as Stock Market Soars Following Fed’s Interest Rate Cut

After months of lamenting high interest rates and the burden they impose on consumers, Republicans for some strange reason are reacting negatively to the Fed’s action. On Wednesday, the central bank announced a significant cut of half a percentage point—the first reduction since 2020—aimed at easing the financial strain on borrowers. Fed Chair Jerome Powell … Continue reading Republicans Cry Foul as Stock Market Soars Following Fed’s Interest Rate Cut