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House Budget Committee Chairman Arrington: Federal Reserve Leaves Interest Rates Unchanged
August 01, 2024
WASHINGTON, Aug. 1 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on July 31, 2024:

Today, the Federal Open Market Committee (FOMC), the Federal Reserve's (Fed) committee that decides the future path of interest rates, announced that there will be no immediate change to interest rates, leaving rates at a 23-year high.

Chairman Arrington on Our Current Economic State:

House Budget Committee Chairma . . .

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