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The Federal Reserve’s voting member Bullard gave a speech on Thursday night. He said that the election results broke the deadlock in Washington and meant that the United States was no longer divided. Post-election market volatility has not reached alarming levels, but markets are still trying to assess the impact of the U.S. election results. Recent developments such as the depreciation of the yuan appear to have a greater impact on the market than the results of the US election.
Bullard said that it is very important to prepare a plan to deal with the next recession, and the Federal Reserve has policy tools to deal with the next economic recession. During Bullard's speech, the U.S. dollar index once rose to its highest level since March, touching. Spot gold once fell short-term and hit a new daily low. The U.S. dollar continued to expand its gains against the yen, rising more than %. The euro against the U.S. dollar once hit a new low since March, falling. to..
A new Reuters poll of analysts shows that the chaos caused by Trump's election victory may stir up some panic in the market, but the Federal Reserve is still likely to raise interest rates next month. Before the election, almost all surveys showed that candidate Hillary Clinton would win the election. So while there has been no talk about what the Fed would do if Trump wins, many have said before that the uncertainty created by such jitters could pose a roadblock.
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