Experts' Inflation Consensus Shifts, Altering Election Dynamics Federal Reserve Chair Jerome Powell’s recent speech at Jackson Hole signaled that inflation is on track to reach the Fed’s 2% target, likely leading to interest rate cuts in September. This development, coupled with shifting public opinion, suggests that inflation is fading as both an economic and political issue. Recent surveys show Vice President Kamala Harris gaining ground against Donald Trump on economic matters, with some polls even favoring her. The diminishing political impact of inflation may be attributed to a growing expert consensus that pandemic-related factors, rather than government policies, were the primary cause of inflation. This shift in perception could potentially benefit Democrats in the upcoming election. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Weak Recovery Dampens Global Corporate Growth Prospects READ MORE STOCK BUBBLE: You Need To See This Data – 1929 Again? READ MORE Gold Prices Dip as U.S. Rate Cut Hopes Diminish Amid Inflation Concerns READ MORE Silver to $50? It Could Happen Sooner than You Think READ MORE Investor Focus on Fed's Rate Strategy Boosts Gold During Rising Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment