US election uncertainty turns focus on Fed
US election uncertainty turns focus on Fed

Washington (AFP) – With America’s knife-edge election yet to be called, and the Covid-19 pandemic surging across the nation, analysts will be watching the Federal Reserve on Thursday for signs of whether it may step in again to help the US economy survive the coronavirus downturn.No victor has emerged yet following Tuesday’s vote that pitted President Donald Trump against his challenger Joe Biden, which analysts hoped would also break the months-long deadlock in Washington over passing more stimulus to help the US economy recover from the pandemic.The Fed’s rate-setting Federal Open Market Com…

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HEDGE accordingly