Soon Fed Chair Warsh Speaks After First Rate Hike in Three Year
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“SOON FED CHAIR WARSH SPEAKS AFTER FIRST RATE HIKE IN THREE YEAR”
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Topic poll · all networksHow many years did Lindsey Graham serve in the U.S. military?
- 6 years
- 14 years
- 22 years
- 33 years
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33 years
Topic poll · all networksWhat will Warsh's 'interrogate reality' approach change most at the Fed?
Topic poll · all networksHow many U.S. troops are currently stationed in Iraq?
- Approximately 800
- Approximately 2,500
- Approximately 7,000
- 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.
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