Don't expect the Fed to slow rate hikes just because of the midterms
CNN
The Federal Reserve is going to raise interest rates at its next meeting on March 16 to try to put a lid on inflation. That much we know. The only question is whether the Fed will boost rates by a quarter of a percentage point or a half-point.
Right now, it's looking like a toss-up.
But there are some Wall Street experts who think Fed chair Jerome Powell and his fellow central bankers will look to do as much as they can to curb inflation now in order to avoid more rate hikes in the late summer and fall.
Senate Democrats grilled Robert F. Kennedy Jr. over his various controversial statements including his stance on vaccines during his confirmation hearing to be President Donald Trump’s health and human services secretary, and most left feeling overwhelmingly unsatisfied by the answers they received.
A Nigerian man has been extradited to the US to face charges in the “sextortion” of a South Carolina teen who died by suicide in 2022. Prosecutors allege the scammer posed as a young woman, persuaded 17-year-old Gavin Guffey to send him nude photos and then threatened to publicize them if Guffey didn’t send money.