Original article General Economics and Teaching

FEDERAL FUND RATE AND GEOMAGNETIC INDEX Ap CYCLES (1955–2024)

Vladimir Belkin - Chelyabinsk branch of the Institute of Economics of the Ural Branch of the Russian Academy of Sciences
Received: 17 Jun 2025
Revised:
Published:
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Citations: 0
book 2/2025
JEL G17
DOI https://doi.org/10.56497/etj2570205

Abstract

 The paper uses a methodological approach based on W. S. Jevons and A. L. Chizhevsky. The years of solar cycles were numbered according to the order established in solar astrophysics, grouped and compared with the arithmetic mean values of the effective US federal funds rates and the geomagnetic index Ap. The Fed rate is minimal either in the year of the geomagnetic index Ap extremum (this is the first year of the solar cycle) or in the year following it (these are the seventh and twelfth years of the solar cycle) as a reaction to the Ap index extremum. The forecast value of the effective federal funds rate for 2025 is 3.92%, and for 2026 it is 2.81%.

How to cite this article

Belkin, V. (2025). Federal Fund Rate and Geomagnetic Index Ap Cycles (1955–2024). Economic Thought Journal, 70 (2), 233-241. https://doi.org/10.56497/etj2570205

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