US businesses ‘hesitant’ before 2024 elections: Federal Reserve

US businesses ‘hesitant’ before 2024 elections: Federal Reserve …C0NTINUE READING HERE >>>

Former US president Donald Trump takes on Vice President Kamala Harris for the White House on November 5.
Photo: Elijah Nouvelage, Geoff Robins / AFP/File
Source: AFP

Uncertainty about the upcoming US elections had cooled economic activity across the country, the Federal Reserve said Wednesday, noting that many businesses and consumers were pausing major decisions until after Election Day.

US presidential and legislative elections take place on November 5, with Republican former president Donald Trump running against Democratic Vice President Kamala Harris.

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