With the dual impact of the election and daylight saving time, the Federal Reserve's interest rate decision 'makes way' for the U.S. voting day

In 2024, this U.S. election year has somewhat disrupted the schedule of the entire world, forcing even the Federal Reserve to 'concede.' Typically, the Federal Reserve's interest rate meetings are scheduled for Tuesday and Wednesday, with the decision results released in the early hours of Thursday Beijing time. However, this time, U.S. election day and daylight saving time coincided with the Federal Reserve's meeting schedule, prompting the Federal Reserve to 'bow' to the election and postpone the meeting by one day. This means that the interest rate decision will be announced at 03:00 Beijing time on November 8.

The 'timing clash' between the election and the Federal Reserve's interest rate meeting has clearly made this decision more noteworthy. The voting for the U.S. election will officially commence at 13:00 Beijing time on November 5, and the global financial markets have already raised the 'alert line,' closely monitoring not only the voting trends but also the Federal Reserve's every move.

With the election and the Federal Reserve meeting taking place consecutively, this is bound to be a 'high-energy drama.' On one hand, the election brings uncertainty in political direction; on the other hand, the Federal Reserve's interest rate decision could trigger a new round of market volatility. This delay seems to be a 'subtle hint' from the Federal Reserve—regardless of the political storm, the Federal Reserve remains the core player controlling the financial pulse, but this time it waits a bit longer, allowing everyone to cast their votes before witnessing the 'big move' on interest rates.

It can be expected that the global market will closely monitor every step of financial policy after the U.S. election—who is elected, how policies are adjusted, and how the Federal Reserve reacts will all tug at the heartstrings of international capital. This series of seemingly 'simple' adjustments, on the contrary, adds a sense of tension: on the early morning of November 8, a politically related 'interest rate surprise' is about to unfold. How will the Federal Reserve balance its policies? What signals will it release to the market?

Will it be 'policy unchanged' or 'unexpected strike'? In any case, this is bound to be a financial drama that leaves the market breathless.