Elizabeth Warren continues to beg Jerome Powell to save Biden with premature rate cut

Paltry inflation progress doesn't stop Sen. Elizabeth Warren (D-MA) from whining that the Federal Reserve won't help President Joe Biden win reelection

has spearheaded a partisan attack on independent monetary policy, calling once again for the Fed to slash interest rates despite inflation persisting at nearly twice the central bank’s maximum target of 2%.

The auto insurance canard is easier to debunk: According to May’s consumer price index report, motor vehicle insurance actually fell by 0.3% last month, even while the federal funds rate remained at 23-year highs. And why? Because car insurance simply lags behind cars overall, which soared in price during the pandemic thanks to both the supply chain shortage of COVID-19 and the demand induced by multi-trillion dollar deficits.

What about home prices themselves, rather than the BLS’s attempt to estimate their inflation rates? We all know that the primary factor fueling home prices is the

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