Boyle Statement on December 2025 Fed Interest Rate Decision

WASHINGTON, DC — Today, Congressman Brendan F. Boyle (PA-02), Ranking Member of the House Budget Committee, issued the following statement after the Federal Open Market Committee (FOMC) announced a 25 basis point cut to the federal funds target rate:

“Today’s decision shows that the Trump economy is in a sorry state and that the Federal Reserve is concerned about a weakening job market.

On top of a flailing job market, the President’s tariffs — his national sales tax — continue to fuel inflation. To make matters worse, extreme Republican policies, including Trump’s Big Ugly Law, are driving health care costs sharply higher.

I will keep fighting to lower costs and for an economy that works for every American.”
 

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