Fed Cuts Rates to 3.75-4%, First Drop Below 4% Since 2022

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The Spin

The Fed's rate cut is a positive step, but Powell remains dangerously behind where rates should be. Inflation is actually slowing despite tariff fears, and the weakening job market clearly demands more aggressive action to support economic growth.

Townhall

The Fed is recklessly cutting rates while inflation runs well above the 2% target for years. This dangerous strategy risks stoking more inflation, and without reliable economic data due to the shutdown, policymakers are flying blind into potential disaster.

The New York Times