ABC · LiveNOW from Fox · updated 12h ago

Pres. Trump Reacts After Federal Reserve Raises Interest Rate

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ABC

“FED CHAIR DEFIES TRUMP WITH FIRST INTEREST RATE HIKE IN YEARS”

covered 12h ago ▶ Be on the air with ABC
LiveNOW from Fox

“FEDERAL RESERVE RAISES INTEREST RATES AMID GLOBAL WAR”

covered 13h ago ▶ Be on the air with LiveNOW from Fox

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The Federal Reserve Act grants the Fed independence from the executive branch.

Topic poll · all networksHow many years did Lindsey Graham serve in the U.S. military?

  1. 6 years
  2. 14 years
  3. 22 years
  4. 33 years
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33 years

Topic poll · all networksHow many U.S. troops are currently stationed in Iraq?

  1. Approximately 800
  2. Approximately 2,500
  3. Approximately 7,000
  4. Approximately 14,000
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Approximately 2,500

The 1973 Arab Oil Embargo nearly doubled U.S. gas prices overnight.

Arab nations halted oil exports to the U.S. in Oct. 1973, sending gas prices from ~38¢ to over 55¢ per gallon. The crisis led Congress to create the Strategic Petroleum Reserve in 1975 — still used today to stabilize prices.

Topic poll · all networksWhich Fed priority should matter most right now?

  • Taming inflation above all else 0%
  • Protecting jobs and growth 0%
  • Cutting rates to ease borrowers 0%
  • Staying put until data is clear 0%

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