Organization: If the results of the US presidential election are delayed, there may be a risk of political stagnation
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.
You may also like
Data: A certain whale sold 7,621 ETH in the past 3 days, cashing out approximately $23.85 million.
Pudgy Penguins will launch a brand animation at the Las Vegas Sphere during Christmas.
Data: Suspected BitMine new wallet withdraws over 23,600 ETH from an exchange, worth approximately $73.4 million
US SEC Issues Crypto Asset Custody Guidelines, Systematically Outlines Wallet Types and Key Risks