Federal Reserve says they won’t lower interest rates yet

Hosts: Adam Gardiner & Rusty Cannon

Today, the Federal Reserve announced that even though inflation is easing, it’s still too high to reduce interest rates at this time. Fed Chair Jerome Powell says rate cuts could come as soon as September, but for now, no dice. The KSL at Night hosts discuss the political ramifications of lowering rates going into a presidential election this Fall.

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