As investors await Federal Reserve Chair Jerome Powell's highly anticipated press conference, the central bank is under mounting political pressure to...
As investors await Federal Reserve Chair Jerome Powell 's highly anticipated press conference, the central bank is under mounting political pressure to implement rate cuts. Notably, numerous Democratic policymakers have taken to sending letters to Chairman Powell, urging him to lower interest rates.Now, as investors look ahead to Fed, Chair Powell's comments this afternoon, political pressure for the Federal Reserve to cut rates is rising more on the politics of Fed policy.
I, I guess the good news is that at some point, I mean, rate cuts are start starting to come into view here as we get more favorable inflation numbers like we did today. Another major Tesla investor is publicly opposing Elon Musk's $56 billion pay package days before investors vote on the enormous figure.Hunter Biden is now officially the first son of a sitting president to be convicted of a crime. And while the landmark verdict during an election year might seem like a surefire way to excite Donald Trump supporters, the MAGA nation is still steaming mad about it online.Because, of course, they are.
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Highly Anticipated Federal Reserve Political Pressure
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