Thomas Hayes, chairperson of Great Hill Capital, said that the key to the Fed's interest rate decision going as planned this time around is that they act according to market expectations despite the poor election result. Because if they withdraw their interest rate cut expectations, they will be considered politically influenced. So they are basically saying, number one, they are a non-political organization and they will act according to plan; second, they fully recognize the dual risks associa...
Mr. Trump described the campaign as the "best of the three" he had been involved in. He said the result "won't be too close" but noted that it would take a long time for the results to be certified. He complained about the time-consuming counting of votes, citing "how much money they spent on the machines" and contrasting it with the rapid counting of votes in the French election. Mr. Trump has repeatedly used the delay in counting mail-in ballots to question the fairness of the election.
Former US President Donald Trump said that this was a major interest rate cut.