Federal Reserve signals future cuts might come with a higher bar

Group 1 - The President is advocating for more interest rate cuts to lower borrowing costs for mortgages, car loans, and credit cards, especially in light of lagging voter sentiments about the economy [2][3] - The Federal Reserve made its third rate cut of the year but indicated that future cuts may be more challenging, particularly for the next chair after Jerome Powell [2][4] - There is ongoing pressure from the White House regarding interest rates, with concerns about inflation remaining above 2% and a weakening labor market [4][6] Group 2 - The President is attempting to reshape public perception of the economy by showcasing how his policies benefit individuals, such as a firefighter and a waitress, during public events [6][8] - The administration is frustrated with the Democrats' economic messaging, particularly regarding affordability, and is working to counteract this narrative [6][7] - The President plans to increase public appearances to promote his economic achievements and defend his administration's spending focus over the past ten months [8]