Hotter-than-expected inflation has upended bets on when the Fed will start lowering interest rates, and could complicate President Biden’s re-election bid.Hotter-than-expected inflation has upended bets on when the Fed will start lowering interest rates, and could complicate President Biden’s re-election bid. internal-storyline-no, Federal Reserve System, Inflation (Economics), United States Economy, Interest Rates, Powell, Jerome H, Biden, Joseph R Jr, Elections Read More
The Odds for a Summertime Fed Rate Cut Are Dwindling
