A trio of Democratic senators want the U.S. Federal Reserve to cut the federal funds rate by 75 basis points this week. In a public letter penned to Fed Chair Jerome Powell, Elizabeth Warren (D-Massachusetts), Sheldon Whitehouse (D-Rhode Island) and John Hickenlooper (D-Colorado) argue that recession risks and a softening labor market justify significant rate The post Trio of US Senators Including Elizabeth Warren Ask Fed Chair Jerome Powell To Cut Rates by 75 Basis Points appeared first on The Daily Hodl .
