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- September 5, 2024 at 9:58 pm
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