Rate Cut Would Thrust Fed Into Brutal Election

Taegan Goddard, Political Wire
Wed, 07/31/2024 - 7:52pm

“By opening the door wider to an interest-rate cut in September, the Federal Reserve is on a crash course with the presidential election,” the Wall Street Journal reports. “For a central bank that judiciously aspires to stay above the fray of partisan politics, confronting a potential policy shift around election time amounts to a lose-lose.

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