Ro Khanna, a Californian congressman, urged Federal Reserve chair Jerome Powell to “cut rates now” on Wednesday or risk ensuring the reelection for former President Trump. Khanna wrote in a blog post on X (formerly Twitter) that Powell should lower interest rates immediately, given that most inflation was caused by supply-side shocks. “If he does not, he may…
Rep. Ro Khanna (D-California ) urged Federal Reserve Chair Jerome Powell to” cut interest rates now” or run the risk of winning the former president’s reelection on Wednesday. Khanna stated in a post on X, previously Online,” Powell should cut interest rates now given that the majority of inflation was caused by supply shocks.” ” If not, he might… Rep. Ro Khanna (D-California ) urged Federal Reserve Chair Jerome Powell to” cut interest rates now” or run the risk of winning the former president’s reelection on Wednesday. Khanna stated in a post on X, previously Online,” Powell should cut interest rates now given most of inflation was caused by supply shocks.” ” He might… if he does n’t…
Ro Khanna, a Californian congressman, urged Federal Reserve chair Jerome Powell to “cut rates now” on Wednesday or risk ensuring the reelection for former President Trump. Khanna wrote in a blog post on X (formerly Twitter) that Powell should lower interest rates immediately, given that most inflation was caused by supply-side shocks. “If he does not, he may…
