Presidential Campaign Sticks Powell Between Policy and Politics

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior Washington correspondent Saleha Mohsin discusses on her podcast how the Federal Reserve is being dragged into the 2024 campaign debate. Sign up here and follow us at @bpolitics. Email our editors here.

Federal Reserve Chair Jerome Powell says officials are “not far” from having enough confidence that the US economy is ready for an interest-rate cut. That’s probably not going to happen when the Fed meets next week, but we might get clues about when it will.