​Watch Live: Fed Chair Powell Explain Why Cutting Rates Ahead Of The Election Is Not Political – Tyler Durden

Watch Live: Fed Chair Powell Explain Why Cutting Rates Ahead Of The Election Is Not Political Senator Warren and her pals pressed Powell this morning to cut rates today (he didn’t – instead choosing the ‘waiting for more confidence’ route). But the political pressure is building for the always apolitical Fed to do something “for democracy” or whatever it is that The Fed is battling now. GDP growing fast, home prices at record highs, jobless claims not falling apart, inflation (supercore) sticky high…  but hey it’s time to cut rates “pre-emptively”… And Powell once again walks the high-wire between sounding…  — Continue at ZeroHedge News : Read More