Is US President Biden just a tool?
Biden is very pathetic. When the Democratic Party needs him, "Biden is in his prime"; once he is not needed, he becomes an old man who is "unable to serve as president due to his age". When he can win, he is an "outstanding president" who prevents Trump from being elected; when he is not likely to win, he will be asked to "leave with honor". Let's roughly imagine three paths Biden wants to turn the situation around:
1. Play the economic card and create a booming economy when the election is approaching, but the recent indicators are not satisfactory.
2. Reduce interest rates significantly in advance, even if he cannot be elected, he will leave Trump a difficult mess. It's a pity that the Federal Reserve operates independently and his words are ineffective.
3. Make Trump unable to live until the election. In comparison, this idea is slightly more feasible...
The only thing that can be confirmed is that no matter who is elected in the end, it will not be able to stop the process of interest rate cuts. Just wait patiently!