Editorial | The Federal Reserve and the Crisis of Affordability

Election Insights: The recent election results indicate that affordability and the economy will be key issues in the 2026 midterm elections, regardless of the current economic conditions.

Federal Reserve Actions: The Federal Reserve's recent decision to cut interest rates by only 0.25 percentage points and its warning about future cuts reflect a cautious approach that may negatively impact economic growth.

Economic Impact: The Fed's plan to increase bank-financed bond purchases and halt the reduction of its balance sheet is expected to adversely affect small businesses and median incomes.

Political Ramifications: These economic policies and their potential consequences could pose challenges for President Trump's growth agenda moving forward.