Inflation is still raging, hurting everyday Americans. Yet, despite the data, Democrats continue to pressure the Fed to relent in its fight against inflation to help them in an election year. This is why the Fed’s monetary policy must be dictated by data, not DC politics.
Inflation is still raging, hurting everyday Americans. Yet, despite the data, Democrats continue to pressure the Fed to relent in its fight against inflation to help them in an election year. This is why the Fed’s monetary policy must be dictated by data, not DC politics.
@SenatorHagerty Inflation has increased for 3 months in a row. Meaning interest rate decreases are off the table for now. WSJ.com
@SenatorHagerty It's time for an amendment forcing a balanced budget. Our children will appreciate us ensuring they have a future
@SenatorHagerty Good luck on that fight. Half of the Republicans are on board with it because they’re seeing massive gains in the stock market due to the inflationary pressures. Get members’ noses out of stocks and they’ll focus more on policy. Until then, country heads down the crapper
@SenatorHagerty 3.5% is a normal inflation level. Wages have been growing faster than inflation for a year straight. The US has real wage growth through the recovery. Wages grew fastest among the lowest earners. The majority of Americans polled say their finances are doing just fine.
@SenatorHagerty So more tax cuts for billionaires, Billy?
@SenatorHagerty Then end the @federalreserve