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What happens when the Fed pivots and starts cutting rates? We know what’s supposed to happen, though it never does. Before we get into the history of rate cut programs, we first have to understand why “monetary” policy targets interest rates in the first place. Once we do that it’s easy to see why rate cuts are all hype.Video Length: 00:20:03More By This Author:The Health Of The Monetary System The Real Reason The Fed Is PivotingOne Of The Most Important Signals In All Of Finance