“Two Washington power centers will on Wednesday lay bare the politically poisonous dynamics of the top economic issue threatening President Joe Biden’s congressional majorities with the midterm elections less than a week away,” CNN reports.
“The Fed is likely to trigger another historic interest rate hike and, about a half-mile away at the White House, Biden will host an event to highlight the administration’s extensive efforts to expand the workforce in critical fields like broadband and construction. One policy decision is expected to ripple through markets, media and politics alike, turning a spotlight directly onto an issue that Democratic officials say has wrought significant damage to their political prospects. The other will detail an intensive administration effort designed to reshape the pipeline to enter into professions over time.”
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