The Washington Post

Strong economy can be double-edged sword for Biden if rates stay high

Strong economy can be double-edged sword for Biden if rates stay high



Higher inflation could lead the Federal Reserve to keep interest rates — and mortgage rates — elevated until late in the year, eluding political gain for Biden.



Source link : https://www.washingtonpost.com/business/2024/04/13/biden-inflation-federal-reserve/

Author : Abha Bhattarai, Tyler Pager

Publish date : 2024-04-13 15:59:13

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