WASHINGTON — Advancing American Freedom Foundation (AAFF) senior economist Zach Cady, Ph.D. released the following statement after the Federal Reserve announced an interest rate increase of one quarter point.
“The Federal Reserve’s decision to raise interest rates for the first time since 2023 was the right move.
Inflation remains too high due to tariffs, trade disruptions, and a $40 trillion national debt.
Thanks to decades of Washington’s mismanagement of America’s fiscal house, American families will now pay the price via higher costs of living and increased interest rates.”
MEDIA CONTACT:
Jonah Wendt
Communications Director
Advancing American Freedom
Jonah@advancingamericanfreedom.com
Advancing American Freedom is a nonprofit organization dedicated to developing and advancing conservative policy solutions and principles that improve the lives of all Americans. For media requests, please reach out to press@advancingamericanfreedom.com.