US: First Rate Cut in Four Years Comes Amid the Presidential Race | World Business Watch | WION News
The US Federal Reserve’s decision to cut rates by a big margin seven weeks before the vote has it fielding criticism from both political parties. It is in the fed’s best interest to keep its distance from politics. However, the fed’s daring move to boost the economy in the weeks leading up to a high-stakes election comes into the spotlight. Take a look at this report for more.
#us #usfed #federalreserve
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