‘Plays into the hands of Trump’: US cash rate hold ‘changes political dynamics’
==========
The US Federal Reserve keeping its cash rate on hold "changes political dynamics" and will benefit whoever wins the 2024 election, according to Sky News Business Editor Ross Greenwood. This decision plays into the hands of Donald Trump, as it allows him to claim that he can handle the economy better. Whoever wins the 2024 election will likely benefit from the rate cuts that will come and help the economy and relieve pressure on families.
https://www.skynews.com.au/world-news/united-states/plays-into-the-hands-of-trump-us-cash-rate-hold-changes-political-dynamics/video/f3da1504213d3278e7bed4c96df762e4