Since the year 2000 every time the Fed has begun rate cuts, the economy was just about to start a recession. The cuts were very fast after the first one in each of these cases. I guess it might be a really good time to start buying bonds if you expect this pattern to continue. This is the 4th time they have begun rate cuts after a time of raising rates since 2000.
Related official release: <a href="https://www.federalreserve.gov/newsevents/pressreleases/monetary20240918a.htm" rel="nofollow">https://www.federalreserve.gov/newsevents/pressreleases/mone...</a>
The thing most people don’t have their eye on is the ticking time bomb of variable rate loans taken out in 2020/21 reaching their 5 year reset soon.<p>If they didn’t start aggressively lowering rates it would be a huge drain on the economy