releases: http://tiberi.house.gov/news/documentsingle.aspx?DocumentID=395081
Data license: MIT · Data source: dwillis/congress-press
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| url | title | date | year | month | party | chamber | state | member_name | bioguide_id | domain | scraper | source | date_source | text | has_text | collected_at | updated_at |
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| http://tiberi.house.gov/news/documentsingle.aspx?DocumentID=395081 | Tiberi Statement on Federal Reserve Interest Rate Announcement | 2016-12-14 | 2016 | 2016-12 | Republican | House | OH | Pat Tiberi | T000462 | tiberi.house.gov | legacy | Tiberi Statement on Federal Reserve Interest Rate Announcement f t # e Washington, December 14, 2016 Tiberi Statement on Federal Reserve Interest Rate Announcement share: f t U.S. Congressman Pat Tiberi, vice chair of the Joint Economic Committee, today issued the following statement regarding the decision by Federal Reserve officials to increase the target federal funds rate to between 0.5 percent and 0.75 percent:“Today’s step by the Fed toward more normalized interest rates is welcome as is its outlook for a strengthening economy. The more clarity the Fed can provide about their intent, the better for private investment and job growth. More than seven years after the start of a shallow recovery, we know there is a better way. In the coming year, I look forward to working with my colleagues to overhaul our tax code and reduce overly burdensome federal mandates. Pro-growth legislation combined with more transparent monetary policy will help drive our economy forward and open up opportunity for all Americans.”Note: The last time the Fed raised the federal funds rate was in December of 2015 when it increased the rate by 0.25 percent. Previously, the Fed lowered the rate to near zero in December 2008 where it remained for seven years. | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |