A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices

Published On Sep 18, 2024, 5:04 AM

Recent economic data has shown improvements for the Biden administration, with inflation cooling, falling mortgage costs, and anticipated interest rate cuts from the Federal Reserve. The overall economic growth remains solid, although job growth is slowing. These developments, while positive, may not significantly shift the negative perceptions voters have about the economy ahead of the upcoming presidential election.