Fed’s Rate-Cut Helps Candidate Harris But Will Hurt President Harris (Or Trump) Authored by Ron Paul via the Ron Paul Institute, Many investors, businesses, and consumers cheered the Federal Reserve’s first interest rate cut since March of 2020. The Fed’s 50 basis points interest rate reduction was larger than many Fed watchers anticipated and was followed by suggestions that there are more rate cuts on the way. A drop in borrowing costs following the Fed’s rate reduction can help make people more optimistic about the general economy and their own financial situation. The uptick in consumer sentiment could help Democratic… — Continue at ZeroHedge News : Read More
Home » Fed’s Rate-Cut Helps Candidate Harris But Will Hurt President Harris (Or Trump) – Tyler Durden