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Interest rates remain main market driver over of US election uncertainty
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Last night (21 July), Biden announced he was pulling out of the 2024 election, following weeks of internal Democratic and punditry pressure to withdraw. Biden, who took the White House office in 2020, said in a letter addressed to «my fellow Americans», that it had been the «greatest honour of my life to serve as your president». «While it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term,» he said. Investors not expect...
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Read more on investmentweek.co.ukAbout this in other media
American employers added just 114,000 jobs in July, unemployment rate hits 4.3% as interest rates take economic toll abcnews.go.com /1 month ago
The interest rate easing cycle is starting to get real financialpost.com /1 month ago
Interest rate cuts are on the horizon, but high mortgage rates could be here to stay foxbusiness.com /1 month ago
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