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Just in time for the election. Look for gas prices to also drop. The resulting inflation figures will come after coronation of Harris.
Earth to Keith – we miss ya buddy. Come on back. The Fed is non-partisan. Elections have nothing to do with interest rates in the US. The Fed and President do not control gas prices. We do not have coronations and we do not have royalty.
Jerome Powell is a Republican who worked for Pres. Bush in 1992, then was nominated to the Fed by Obama 2012, and then Trump named Powell the chairman in 2018.
Gas prices have already dropped. This week we started out at 2.85/gallon.
Charles, don’t confuse people who are good and worked up on misinformation with the facts.