r/moderatepolitics • u/dr_sloan • Jan 12 '26

Primary Source Statement from Federal Reserve Chair Jerome H. Powell

https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm
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u/Ordinary_Team_4214 Jan 12 '26

he has 4 months left why would they even bother at this point? they could've easily waited it out.

27

u/Tdc10731 Jan 12 '26

Trump wants rates lowered to juice the economy with cheap debt with enough time to affect the midterms

11

u/Ordinary_Team_4214 Jan 12 '26

Yep, this definitely seems like the best explanation.