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Organization: If the results of the US presidential election are delayed, there may be a risk of political stagnation

Organization: If the results of the US presidential election are delayed, there may be a risk of political stagnation

Bitget2024/11/06 01:31

Daisuke Ataka of the Japan Yamato Research Institute stated that if the results of the U.S. presidential election are delayed, there may be a risk of political stagnation, slowing down the transfer of power. He added: "Political stagnation could make it difficult to provide support quickly in a deteriorating economic situation." He also added: "Reflecting the wait-and-see attitude of businesses and households before and after the U.S. presidential election, the effect of (the Federal Reserve's) interest rate cuts may be delayed or weakened."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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