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The Fed’s long-awaited rate cut is colliding with presidential politics

Summary by KVIA
By Kayla Tausche, CNN (CNN) — The Federal Reserve cut interest rates for the first time in the Biden era on Wednesday after the White House spent the last three years grappling with Americans’ dissatisfaction with the cost of living, raising new questions about the health of the economy and the impact on voters at the ballot box. The move is fresh vindication for President Joe Biden, whose pandemic-era agenda ushered in trillions of dollars in g…
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  • 50% of the sources lean Left, 50% of the sources are Center
50% Center
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