Both presidential candidates are not easy to deal with! The Federal Reserve may even be forced to raise interest rates next year?

Mark Dowding, Chief Investment Officer of BlueBay under Royal Bank of Canada, stated that due to the policies proposed by the US presidential candidates that may stimulate inflation, the Federal Reserve may be forced to raise interest rates next year. He expects the breakeven inflation rate of US bonds to expand, and the yield curve of government bonds to steepen sharply, especially in the event of Trump's re-election. Dowding expressed concerns about the economic outlook of the United States, pointing out that geopolitical tensions will push up energy prices, further exacerbating inflationary pressures