[Ancesthntr]

“What’s more damaging to Trump, inflation at 3% rather than 2% or an unemployment rate of 10.3%? The Fed is trying to help tackle unemployment and it may be at the cost of slightly higher inflation rates.”

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While I agree with you about the (temporary) effect of slightly higher inflation, nothing that the Fed does in the next 40 or so days is going to change the election results. I use 40 or so days because the last UE report that the public will see before the election is the one for September. So the Fed’s action would have to have an almost instantaneous effect - and that just never happens except when they funnel money to banks to buy stocks (but that doesn’t help UE).

[Mariner]

“So the Fed’s action would have to have an almost instantaneous effect - and that just never happens except when they funnel money to banks to buy stocks (but that doesn’t help UE).”

See post #31.

[DoodleDawg]

While I agree with you about the (temporary) effect of slightly higher inflation, nothing that the Fed does in the next 40 or so days is going to change the election results

True. But many around here seem to think the Fed is capable of crashing the economy at 11:23 AM on October 30th just to hurt Trump's chances.