Articles
16 September 2024

Watch: Fed rate cuts, the US election and FX markets on the move

As the time for Federal Reserve cuts and the looming US election inches closer, ING’s Chris Turner shares his take on how some of the most pivotal market drivers seen in more than two years could hit FX markets over the coming months

Fed rate cuts, the US election and an FX market on the move

In the US, evidence of a slowing economy, incoming rate cuts and the November vote have taken centre stage as of late. For now, the possibility of a soft landing or recession, a quick or cautious easing cycle, and a Harris vs Trump presidency all hang in the balance - but regardless of each outcome, FX markets are gearing up for an interesting turn of events.

Catch the latest details from Chris and the FX team here: FX Talking: Soft landing or recession?

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