Fed’s Rate Cut Helps Candidate Harris but Will Hurt President...

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2024-10-02 00:55:19 -

https://thewashingtonstandard.com/feds-rate-cut-helps-candidate-harris-but-will-hurt-president-harris-or-trump/

Fed’s Rate Cut Helps Candidate Harris but Will Hurt President Harris (or Trump) - The Washington Standard

Many investors, businesses, and consumers cheered the Federal Reserve’s first interest rate cut since March of 2020. The Fed’s 50 basis points interest rate reduction was larger than many Fed watchers anticipated and was followed by suggestions that there are more rate cuts on the way. A drop in borrowing ...

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