๐จ Breaking: Vice President JD Vance Stirs Controversy with Fiery Remarks on Federal Policy Before Elections!
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๐ฃ๏ธ Statement:
American Vice President JD Vance said:
> "I would like to hear an argument justifying why Powell lowered the interest rate by 50 basis points before the elections, and he can't do it now even though inflation is lower!"
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๐ Background:
โ Vance refers to the decision of former Federal Reserve Chairman Jerome Powell to lower the interest rate by about 50 basis points before a previous election
โ He hints at double standards or political interference in monetary policy decisions
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๐ Current Context:
โ Inflation is actually lower than it was before
โ The Federal Reserve has not yet made any interest rate cuts
โ And the presidential elections are approaching quickly
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๐ฅ Has the hidden conflict between the administration and monetary policy begun? Is the Federal Reserve in a dilemma between the market and politics?
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