KFFB 106.1 FM -- Arkansas Radio -- Online Radio--Arkansas Politics--Local News

Arkansas Radio Station. Online radio. Local News, Batesville's Radio Station, Clinton Radio Station, Conway Radio Station, Concord Radio Station, Cave City Radio Station, Fairfield Bay Radio Station, Greers Ferry Radio Station, Heber Springs Radio Station, Melbourne Radio Station, Morrilton Radio Station, Mountain View Radio Station, Russellville Radio Station, Searcy Radio Station, Greenbrier Radio Station, Newport Radio Station, Rose Bud Radio Station, Arkansas Radio Station.

Congressman French Hill Statement on Fed Interest Rate Hike

December 14, 2016 by KFFB 106.1 FM

WASHINGTON – Today, after the Federal Reserve announced its decision to raise interest rates, Congressman French Hill (AR-2) released the below statement:

“Today’s decision by the Federal Reserve to raise interest rates for the first time in 2016—and just the second time since 2006—is a delayed move considering the increase in market interest rates over the past four months. The Federal Reserve needs to develop a more rules-based approach to monetary policy, such as that contained in the Financial Choice Act, to prevent ambiguity and unpredictability in future decisions.”