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Michael Prus
October 1, 2024

Was the Fed's Rate Cut a Political Move?

Michael Prus
October 1, 2024

A number of people have mentioned to me, completely unsolicited, that they thought the Fed's rate cut was a political move. Opinions differed on which candidate it was supposed to help. Is it even a good move since inflation is still arguably not yet under control? Was it political or is there something bigger at play?

Source:https://www.youtube.com/watch?v=nMxIWO5dmVs&t=117s

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