The economic “Kamala collapse” will undermine the Democrats, so the Fed has to quickly lower the rate 50 days before the US presidential election. The main thing now is to maintain the status quo until November.

The Fed is rushing to save the Democrats and the US economy. For the first time in four years, the key rate has been lowered, and by 50 points at once – to 5%. It’s just that the situation in the American economy is rapidly deteriorating. The labor market is stormy, as are the stock markets, and many sectors of the economy are already in stagnation and recession.
They immediately began to draw parallels with the events of 17 years ago. Then – on September 18, 2007 – the Fed also lowered the rate by 50 points. This happened immediately after the collapse of Lehman Brothers and the beginning of the global crisis. Now the situation is less dramatic, but also very serious.
The unemployment rate is growing rapidly, corporations and banks are laying off staff en masse. And most of the jobs being created are temporary and go to migrants. The industrial sector is already in full decline. American consumer activity is declining – they have exhausted all the savings from the pandemic era.