FYI: It’s possible the Fed will announce an interest rate cut this week. Surprisingly, it would be the first rate cut of this decade. In anticipation of this possibility, I went through all the Fed rate cuts going back to 1960 (as far back as the data goes that I could find) to see how unique the current scenario is from a historical perspective.
This is the piece I wrote for Fortune on my findings.
Regards,
Ted
https://awealthofcommonsense.com/2019/07/a-short-history-of-fed-rate-cuts/
