Reported 21 days ago
As investors brace for the US presidential election and the Federal Reserve's meeting later this week, experts discuss potential impacts on monetary policy. Comerica Bank's chief economist, Bill Adams, notes that the election outcome may affect fiscal policy, which in turn could influence the Fed's approach to rate cuts. A divided government could lead to a status quo fiscal policy, while a sweeping victory for one party might prompt further fiscal stimulus. Adams also mentions that controlled inflation could allow for continued economic growth.
Source: YAHOO