NTD Business (March 26): Rate Cuts Expected to Shape Voters Opinions; China Phasing out Intel and AMD Chips

Don Ma
By Don Ma
March 26, 2024NTD Business
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As election season intensifies, the Federal Reserve’s potential role in influencing voters’ economic perceptions becomes increasingly significant, with investors forecasting two rate cuts before November—one in June and another in September. These cuts, anticipated to provide a much-needed economic boost, could aid President Joe Biden’s re-election bid, as public opinion polls indicate dissatisfaction with his economic management.