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See the Difference: Same Story, Different Spin
(Left)
"Republicans slam Biden's controversial Fed appointment..."
(Center)
"Federal Reserve cuts interest rates by 0.25 percentage points, citing cooling inflation..."
(Right)
"Biden's Fed finally admits failure as disastrous policies..."
Facts Only
The Federal Reserve cut interest rates by 0.25 percentage points on Wednesday, bringing the benchmark rate to 4.5%. This marks the third consecutive rate cut since September. Fed Chair Jerome Powell cited declining inflation (now at 2.7% from 9.1% peak) and slowing job growth as key factors.
Sources: CNN, Fox News, Reuters, WSJ, Bloomberg
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