UBS CIO: The escalating US election fever increases the possibility of the Fed maintaining interest rates unchanged

The escalating US election may increase the possibility of the Federal Reserve keeping interest rates unchanged. The Chief Investment Officer of Mercer Investment Solutions stated that there is an increasing likelihood that the Federal Reserve will maintain interest rates until the end of the year, rather than getting involved in the increasingly intense US election competition. He believes that with solid economic growth, good employment conditions, and well-performing inflation, the Federal Reserve may choose to maintain the status quo. Last month, Trump stated that if re-elected, he would let Powell complete his term. Mercer will convene clients in Melbourne to participate in the Pacific Global Investment Forum, with political changes being one of the main focus areas for investment