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The Fed's timing for interest rate cuts won't have anything to do with the presidential election, Powell says

Former President Donald Trump said cutting interest rates this year would "help the Democrats" win elections. The Fed's Powell pushed back on that.

By: Business Insider

Apr 05 2024
82
339 Views

The Fed's timing for interest rate cuts won't have anything to do with the presidential election, Powell says

Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California. Justin Sullivan/Getty Imag… [+3182 chars]

The Fed's timing for interest rate cuts won't have anything to do with the presidential election, Powell says

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