Must-Watch Events in U.S. Politics This Week
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23 September 2024
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Hot news
23 September 2024
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With six weeks until Election Day, Vice President Kamala Harris leads former President Donald Trump by 5 points, 49% to 44%, according to a new NBC poll. Harris’ favorability has surged 16 points since July, the largest increase for any candidate since George W. Bush after 9/11.
Harris is set to unveil new economic proposals on Thursday, expanding her vision for an “opportunity economy.” Meanwhile, Trump is now urging early and mail-in voting, despite previously blaming it for election fraud.
As for a second debate, Harris has accepted an invitation for October 23, but Trump seems reluctant after their first encounter.
Additionally, House Speaker Mike Johnson has proposed a stopgap funding bill to prevent a government shutdown before the Sept. 30 deadline, with a vote expected on Wednesday.
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Massive week for Aussie and Kiwi markets The RBA’s upcoming decision is highly uncertain, with markets pricing in a rate cut but some experts suggesting it’s a 50/50 call, which could impact election timing. The RBNZ is widely expected to cut rates this week, with most economists predicting a 50bps reduction, though some foresee a…
17 February 2025
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Trade War Begins? China Strikes Back with Tariffs China has imposed new tariffs on key U.S. exports and introduced export controls on critical rare metals, escalating trade tensions. The U.S. is considering new reciprocal tariffs, including ending a tax exemption on small-value imports from China, which could generate $53 billion in federal revenue. In what…
10 February 2025
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Will Trump replace Powell as Fed Chair? Trump has openly criticized the Fed and could replace Jerome Powell if re-elected, potentially before Powell’s term ends in May 2026. A Trump-aligned Fed chair would likely push for lower interest rates, which could strengthen the dollar while pressuring U.S. stocks. The Federal Reserve has kept interest rates…
30 January 2025
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