This podcast episode delves into the relationship between the US presidential election and the Federal Reserve's (Fed) policy decisions. While investors often assume that the election will influence the Fed's actions, FOMC participants emphasize their commitment to full employment and stable prices, regardless of political factors. The episode analyzes historical data and FOMC transcripts to illustrate that the Fed's policy changes do not exhibit specific patterns during election years. For instance, the Fed may mention the election more in the latter half of the year, discussing its impact on fiscal policy and economic uncertainty.
