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Navigating the Fed: Politics and Interest Rates
This chapter explores the intricate relationship between the Federal Reserve's interest rate decisions and political pressures, particularly during election cycles. It examines how rising interest rates and the challenge of refinancing debt impact real estate deals while also analyzing the influence of partisan dynamics on monetary policy. The discussion highlights the complexities of the Fed's decision-making process and advocates for a more market-driven approach to interest rate determinations.
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