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Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…
Suspect Stealing From Hotel Employee's Purse Stares At Security Camera: Bensalem Police Suspect Stealing From Hotel Employee's Purse Stares At Security Camera: Bensalem Police
Suspect Stealing From Hotel Employee's Purse Stares At Security Camera: Bensalem Police Bensalem police are investigating a theft that occurred at Extended Stay America. The theft occurred at about 3:45 a.m. on Wednesday, Sept. 4 at the hotel located at 3216 Tillman Drive in Bensalem. An unknown black male entered the hotel's office and stole cash and credit cards from an employee's purse, police said. The suspect stared at a security camera while fleeing on foot in an unknown direction. If you have any information regarding the identity of this brazen offender, please submit an anonymous tip below or contact Bensalem Police at 215-633-3719.