The Federal Reserve Decision Delayed by One Day Due to the U.S. Election

BlockBeats News, on November 5, due to the U.S. election and the end of daylight saving time, the Federal Reserve will announce its interest rate decision at 03:00 on November 8 (Friday) Beijing time. As usual, the Federal Reserve holds its interest rate meetings on Tuesday and Wednesday, and announces the decision early Thursday Beijing time, but this time it happens to coincide with the U.S. election, so the Fed's interest rate meeting is postponed by one day. The 2024 U.S. election will start at 13:00 Beijing time on November 5 (Tuesday). (FX168)