Article originally appeared on www.dailywire.com.
Joe Biden and Democrats are hoping that Federal Reserve Chairman Jerome Powell saves them.
The big problem right now for Biden is that economic growth has slowed. There have been a bunch of retroactive revisions of the job numbers that push them down. This keeps happening over and over where the media says, “Those are pretty strong,” and then a month later they admit, “Well, subtract 100,000 from that.”
Inflation has not fully been conquered yet. So the Biden administration is desperately hoping that Jerome Powell will step in and try to cut interest rates before the election and give an artificial boost to Joe Biden’s reelection chances.
According to The Wall Street Journal, “Federal Reserve Chair Jerome Powell made a subtle but important shift that moved the central bank closer to lowering interest rates when he suggested …
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