The Fed keeps interest rates unchanged as inflation “remains somewhat elevated”

The Fed keeps interest rates unchanged as inflation “remains somewhat elevated”

The Federal Reserve keeps its interest rate unchanged, maintaining its target range at 4.25% to 4.5%. When the Fed sets a target for interest rate, it commits itself to adjusting the money supply. To lower the Fed Funds rate, the Fed’s bond trades buy government bonds, increasing the money supply which in turn lowers the…

3 charts showing economic performance under each President

3 charts showing economic performance under each President

Both party nominees, Donald Trump and Kamala Harris made some interesting claims about the U.S. economy in their first televised Presidential debate. The U.S. economy remains a heated topic during presidential debates and a top concern for American voters. Eight in ten registered voters say it will be important to their vote in the 2024…