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re: Get ready for the Fed to make a horrible move cutting rates just to help Joey and Kamala.
Posted on 3/26/24 at 8:29 am to Bass Tiger
Posted on 3/26/24 at 8:29 am to Bass Tiger
quote:
The rate cuts will be well timed in mid to late summer so further inflation is delayed until after the 2024 GE.
That is way too late. Now might be too late. By late summer the number of undecideds is almost zero, and what's left is 90% a turnout battle. And a cut in mid-summer isn't going to have much effect on anything the voters will notice until well after the election.
No, if the Fed was going to try to put their thumb on the election scale, now is about the last chance to do so. It would cause huge inflation, too, so that wouldn't work too well for Biden.
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