The last time the Fed moved just before an election led to George HW Bush lost his presidential re-election bid, even though he was a popular President (Gulf War, etc). It looks very political that the Fed has not moved yet - and they WILL move in december if not this month.
Do we need the fed?
Could go either way. They’ve been putting it off and I’m guessing will until after 8 November when they see which way the wind is blowing. Could be wrong.
Is The Fed about to publish the results of an independent audit?
That damn
Creature from Jeckel Island
They won’t do anything until after the election, and probably not then. The RATS are addicted to cheap money. Working Americans trying to save their hard-earned money will continue to be punished to benefit speculators.
They have become political to help politicians.
3rd quarter earnings aren’t a nice picture too.