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bucolic_frolic

(56,062 posts)
11. Rare for Fed to act on rates in 2-3 months before an election
Wed Sep 18, 2024, 05:15 PM
Sep 2024

i think this a reward to the fiscally prudent Biden administration, Biden's Inflation Reduction Act, industrial policy (never publicly declared as such), and oil stablizing reserves policy. These novel ideas made the Fed's work easier.

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