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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jul 14, 2024

Page

11

Summer travel surges as TSA screens record 3 million in one day

More than 3 million passengers passed through U S airport security on July 7, a TSA record signaling post pandemic travel resurgence. Costs ease from a year ago and families take summer breaks while workers plan around holidays. Travelers are advised to check itineraries, allow extra time, and anticipate possible security delays. Airlines must refund canceled flights, with new rules guiding refunds and significant delays. Passenger complaints rose in 2023 as travel volumes climbed and rights awareness grew.

U.S U.S. Transportation Security Administration TSA Biden Department of Transportation Transportation Department

Loretta Mester Sees Rate Cuts If Inflation Cools Further

Loretta Mester, longtime Fed veteran and former Cleveland Fed president, says a sustained inflation slowdown could justify rate cuts later this year. She notes healthy labor markets and requires more solid inflation readings before acting. The interview also covers leadership changes at the Fed and concerns about independence amid political pressure.

Federal Reserve System Loretta Mester Cleveland Fed Mester Fed Central Bank Princeton Philadelphia

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