WASHINGTON, D.C. – U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the Joint Economic Committee, issued the following statement today after the Federal Reserve announced its decision to raise interest rates:
“I am deeply concerned that the Federal Reserve has raised interest rates for the third time in six months. Job and wage growth have yet to return to many parts of the country. Today’s decision will make workers struggle to realize income gains.”
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For more information, please contact Latoya Veal at Latoya_Veal@jec.senate.gov or 202-224-0379.