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Fed’s Seasonal Rate Pattern Tied to Meeting Schedule, Study Finds

The Federal Reserve’s monetary policy has long been observed to exhibit a seasonal pattern, with a higher likelihood of interest rate cuts or abstentions from rate hikes in the first month of each quarter. This trend, noted in a 2012 Liberty Street Economics post, has persisted over the past twenty-five years, despite significant economic events such as rate hikes, a pandemic, and inflation surges. Source
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thefinancialanalyst.net broke the news in on Wednesday, November 19, 2025.
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