As expected, the Federal Reserve announced a 25 basis point rate cut at its November meeting. The election has no impact on the Federal Reserve's monetary policy for the time being. If there is any impact, it should start from December. Of course, I personally think that the impact in December is not significant.

It mainly depends on economic data, including inflation, unemployment rate, GDP and Japan's interest rate hike. Continue to pay attention to Powell's speech in half an hour.