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Home ABA Banking Journal Podcast

Podcast: How the ‘apolitical’ Fed moves during presidential elections

February 23, 2024
Reading Time: 1 min read
Podcast: How the ‘apolitical’ Fed moves during presidential elections

If the past has any predictive power, rate-watchers may want to discount the chance of significant rate movements this election year. On the latest episode of the ABA Banking Journal Podcast, ABA VP Jeff Huther summarizes his analysis of Federal Open Market Committee actions during presidential elections, showing that in rare circumstances — well-telegraphed technical movements from a low base or during crisis moments like 2008 — the FOMC has generally refrained from taking action that could be perceived as political. Huther discusses what this means for the 2024 interest rate outlook.

If you can’t see the audio player above, click here to listen to this week’s episode.

In this episode:

Jeff Huther
VP, Economist
ABA Office of the Chief Economist

 

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