Jess Bidgood
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The war on inflation is all but won.
That was the message from the Federal Reserve on Wednesday when it cut interest rates by half a percentage point, making a surprisingly large move that hands the Biden administration a big win on an issue that has caused Democrats — not to mention millions of Americans — big headaches over the last few years.
It’s the latest in a run of good economic news for President Biden and Vice President Kamala Harris, even though the low unemployment rate has begun to tick up. Writing this morning, my colleague Jim...
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