Markets brace for presidential election, Fed meeting: What to know this week

Published On Nov 3, 2024, 7:38 AM

This week, the markets are focusing on the upcoming presidential election and an important Federal Reserve meeting. Investors are keen on understanding the implications of these events on market movements, particularly concerning interest rates and potential policies that could emerge from the election results. The Fed meeting is expected to address the current economic conditions, with possible hints about future interest rate adjustments.

Stock Forecasts

Given the political uncertainties and potential policy shifts linked to the election results, stock markets may experience volatility. However, if the Fed signals a continuation of its accommodative stance in response to economic conditions, this could support stock prices in the short term.

Related News

Whichever candidate prevails this November will immediately become the loudest voice in a fierce tax debate set to consume Washington in 2025.

Wall Street advisers say investors are increasingly anxious about the possibility of election-related violence.

The candidate is leaning on an unusual canvassing effort funded by Elon Musk. If successful, it could usher in a new era when billionaires dominate ground campaigns.