Fed's Looming Rate Cut Could Bolster Biden's Reelection Bid The Federal Reserve is anticipated to lower interest rates, which may positively impact President Joe Biden’s reelection campaign by potentially easing public concerns over high inflation and increasing housing costs. This move, however, is expected to attract criticism, especially from Republican circles, including Donald Trump, who argue that the Fed’s actions could unfairly influence the election outcome. Trump has preemptively suggested that Fed Chair Jerome Powell, appointed by him in 2018, might lower rates to benefit the Democrats. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Food Wars Loom as Nations Hoard Supplies, Warns Agricultural Trader READ MORE Dollar Rallies After Volatile Week; Yen Hovers Near Historic Lows READ MORE Gold Crosses $2,500 Threshold in Volatile Market READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE Biden-Harris Administration Proposes New Rules for Extensive Student Debt Relief READ MORE Add a Comment Cancel replyYour email address will not be published.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