After slashing interest rates just weeks out from the November presidential election, the Federal Reserve is now leaving an inflationary “ticking time bomb” for the incoming Trump administration to defuse.
Price increases accelerated in October and November following the Fed’s decision to reduce interest rates by 0.50% on Sep. 18. Following the two consecutive months of hot inflation data, it appears the Biden-Harris administration is leaving President-elect Donald Trump with an “inflation mess,” and that the September rate cut was nothing more than an act of “election interference” intended to boost Vice President Kamala Harris’ November chances, experts told the Daily Caller News Foundation. (RELATED: ‘Disastrous Burdens’: Joe Biden’s Rosy Spin On His Economic Legacy Defies Reality)
“The Fed engaged in election interference by cutting rates right before…
