You cut when it’s time to cut, you raise when it’s time to raise. The FED has been pointing at Sept for months, check the dot plots. There is no mention of elections in the FED’s mandate of operation.
“You cut when it’s time to cut, you raise when it’s time to raise. The FED has been pointing at Sept for months, check the dot plots. There is no mention of elections in the FED’s mandate of operation.”
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So you must think that the Fed only just became aware of the fact that there’s an election in November and did not know this several months ago.