According to ChainCatcher, Goldman Sachs said don't expect the upcoming interest rate resolution to give too much guidance. Possible changes in fiscal policy after the election are another source of risk to the Fed's policy path, although this risk may last longer.
Chairman Powell's comments at the July press conference indicate that the FOMC is reluctant to respond to policy changes that have not yet been implemented because these changes are still speculative. Even after the election results are announced, the committee may prefer to wait for clearer policy changes before reconsidering its economic outlook and interest rate plans. (Jinshi)