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POLITICO · GLOBAL ·

Inflation hits 3-year high, pressuring Fed to raise rates as election nears - Politico

As reported by Politico
If the Fed raises rates in the coming months, it would be a blow to the president and the GOP’s economic sales pitch at the height of a campaign that's defined by affordability.
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Inflation has reached a three-year high, intensifying pressure on the Federal Reserve to consider raising interest rates. This potential move, occurring close to an election, could significantly undermine the current administration's economic narrative, particularly regarding…

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