A plan for election-year rate cuts without the political chaos ...Middle East

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A plan for election-year rate cuts without the political chaos
Apparently, the Federal Reserve is convinced that its long battle against inflation is coming to an end — that its inflation goal of 2 percent will soon be achieved, perhaps even next year.  Fed Chair Jerome Powell announced last week that the Open Market Committee is holding the line on interest rates, but he also signaled that long-awaited rate cuts could arrive in September. This brought comfort to investors and home buyers, but it’s a mixed blessing to presidential candidates Donald Trump and Kamala Harris, whose political fortunes will be determined soon thereafter. Could there be a way to get the Fed out of politics by avoiding the timing problem altogether? Before answeri

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