Critical Thought
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Displaying 1 item of Critical Thought with the tag "interest rate".
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Critical Thought 63 - Binary Triggers & The Fed
July 27th, 2023 | 1 hr 13 mins
binary trigger, call in show, drew wrigley, east grand forks, economy, fargo, fed, grand forks, interest rate, local issues, minnesota, noah chelliah, noah j. chelliah, north dakota, officer jake wallin, podcast, police, politics, talk radio
The man who fired on police officers in Fargo earlier this month chose to use a gun that was modified with a binary trigger. Some states do ban the purchase of binary triggers specifically or modifications like binary triggers generally.
The Federal Reserve raised its benchmark interest rate another 0.25% on Wednesday, reviving its inflation fight despite a significant cooldown of price increases in recent months. The rate hike brought the Fed's benchmark interest rate to a 22-year high of between 5.25% and 5.5%.