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Reply To: North American Economy Retreating

    RonS
    Keymaster
    none
    Fed cuts in election year

    Great comments guys, but look at this
    The last time the Fed cut rates within two months of an election was in 2008 when the Fed chopped rates to near zero during the Great Recession. Before that, the Fed cut rates in 1992 as the economy slowed. Neither of those rate cuts helped the incumbent party to stay in power, as in both years the White House changed hands from Republicans to Democrats.
    According to history, whenever the Fed cuts, Democrats win