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Democratic senators, including Elizabeth Warren, are pressuring the Federal Reserve to cut interest rates immediately to address economic concerns and aid the upcoming election. They argue that high rates threaten the economy and risk recession.

Three U.S. senators have urged the #FederalReserve to cut interest rates, arguing that current high rates harm the economy and risk a #recession. https://t.co/kFfu70WSMv
The @federalreserve should follow the @ecb's lead and abandon the 2% inflation target and cut interest rates, three Democrats said in a letter to Chair Jerome Powell. https://t.co/Dds7ISK48i
$BTC | Democrat Senators Urge Federal Reserve To Cut Interest Rates As Bitcoin Rally Stalls https://t.co/ywRw6zZj52