Expert: Stimulating the economy by the Federal Reserve near the election may lead to political "backlash"
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The Federal Reserve took measures to stimulate the economy as the election approached, despite its consistent stance on keeping a distance from politics. Christina Parajon Skinner, Associate Professor at the Wharton School, pointed out that the rate cut could be seen as the Fed's attempt to influence the election outcome, leading to external questioning of its motives. Republican candidate Trump criticized this, suggesting that the Fed may be "playing politics"
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