Trump Says No Federal Rates Cuts Before 2024 Election, Republican Congress Members Say 'The Time Is Right'

Contributing sentiments towards policy:

39% : Don't Miss:While Trump could seek to make changes to the Federal Reserve if he is re-elected in the 2024 election, the Fed currently operates independently from the executive branch.
38% : Next week's Fed meeting, where many experts predict a 25 or 50 basis point cut, could quickly turn political if Trump lashes out at the decision.UNLOCKED: 5 NEW TRADES EVERY WEEK.
36% : What Happened: Trump recently said that presidents should have "at least a say" when it comes to monetary policy and interest rate decisions by the Federal Reserve.
36% : How does it compare to the average?Cutting rates is "something that they know they shouldn't be doing" ahead of the election, Trump previously said.Republican members of Congress don't agree with the former president, according to a report from Politico.
34% : Trump argued rates should remain the same before the 2024 election as to not provide any change to the economy and boost the odds of the current Democratic-led White House.
24% : While Trump picked Jerome Powell to lead the Fed, he often criticized him during his administration and Powell remains the chair today.

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