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Huizenga Statement on Federal Reserve Signaling Looming Interest Rate Increase

Michigan

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Today, Congressman Bill Huizenga (R-MI), Ranking Member of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee released the following statement after the Federal Reserve signaled its plan to raise interest rates in March.

“For far too long, the Federal Reserve has chosen artificially low interest rates, as opposed to free-market principles,” said Congressman Bill Huizenga. “Today’s foreshadowing by the Federal Reserve is an overdue, but necessary first step in returning to a market-based approach to monetary policy.”

Original source can be found here.

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