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[-] plz1@lemmy.world 2 points 1 week ago

It's specifically to get lower interest rates for an economy boost in a mid-term election year. He needs a domestic win, even if it's short-sighted and will almost certainly lead to a bad economic shift next year. Powell has been rightfully hesitant on allowing the lower rates just to appease the child in the White House.

this post was submitted on 15 Apr 2026
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