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SD Senator Mike Rounds; Federal Reserve Right to Raise Rates

SD Senator Mike Rounds; Federal Reserve Right to Raise Rates

Photo: WNAX


The Federal Reserve has raised interest rates three times this year and indicated more hikes are coming.

President Trump has been critical of the increases, saying they may slow business growth.

South Dakota Senator Mike Rounds says he thinks the Fed is on the right course…

Rounds says the Fed didn’t have many tools left to kick start the economy if needed…

Rounds says international factors, like tariffs also play into the economic uncertainty…

Rounds says making progress on international trade deals would be a solid economic signal.

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