Has the FED raised rates during an election year?
After asking several fellow advisors and multiple fruitless searches we (Donald The Brain) decided to do our own research. Fantastic Job Donald.. just terrific!
The darkened areas represent the past 15 presidential election years spanning 45 years. The blue squiggily line are the FED Funds rates aka short term interest rates. FED funds rates are the most common hammer and lighter fluid used to slow and stimulate the US economy.
Stunningly the orange lines are rate increases DURING an election year.
Ten of the last fifteen presidential election years have had increases in the FED funds rates.
Based on history, the FED WILL NOT BE AFRAID TO RAISE RATES during an election year! We dig much deeper into why this may be excellent news in our coming Newsletter. Here is a preview post here!
Have a Great Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth