Explain what is a 'political Business Cycle'. Does it apply now as the Fed is trying to raise the overnight lending rate

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answerhappygod
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Explain what is a 'political Business Cycle'. Does it apply now as the Fed is trying to raise the overnight lending rate

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Explain what is a 'political Business Cycle'. Does it apply now
as the Fed is trying to raise the overnight lending rate in
successive stages?
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