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https://www.barrons.com/articles/fed-pause-rate-hike-economy-inflation-politics-6fbab52a

2 Reasons the Fed Paused. Don’t Ignore the Politics.

By
Randall W. Forsyth
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Federal Reserve Board Chairman Jerome Powell announcing this past week that interest rates will remain unchanged.

Drew Angerer/Getty Images

Why would the Federal Reserve let up on the monetary brakes but at the same time promise to step down harder later on? Economics and politics might have figured into the puzzling policy decision.

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