All eyes on US election as Fed, RBA, and BoE meetings loom

From Investing.com: 2024-11-01 08:11:00

In the final stretch before Tuesday’s US election, Trump and Harris battle neck and neck as traders lock gaze on the outcome. The Fed is set to decide whether to cut interest rates, with RBA and BoE decisions also on next week’s agenda. A Trump victory may lead to slower rate cuts, while a Harris win could bring the opposite market impact. RBA may remain on hold due to high inflation, while a BoE rate cut seems increasingly likely with recent data suggesting progress in inflation. New Zealand and Canadian jobs data could influence central banks’ future actions.



Read more at Investing.com: Week Ahead: All Eyes on US Election With Fed, RBA, and BoE Meetings on Horizon