Aberdeen Investments said that Federal Reserve Chairman Kevin Walsh was still optimistic about the US economy at the latest policy meeting, but also reiterated that inflation is still too high. “We still expect the Federal Reserve to raise interest rates further in December and March, and the end interest rate will reach 4.25%-4.50%. We think this is more like a precautionary rate hike than an aggressive measure to suppress demand due to high inflation,” Michael Langham, an emerging markets economist at Aberdeen Investments, wrote in a report. “The US midterm elections have had little impact on changing this short-term outlook.” The core expectation of Aberdeen Investments is that in the midterm elections, the Democratic Party should win the House of Representatives and the Senate at the same time, although the Senate election situation is likely to be very tight. More broadly, Aberdeen Investments believes that the midterm elections will not prevent the US from launching another attack on Iran.

Aberdeen Investments said that Federal Reserve Chairman Kevin Walsh was still optimistic about the US economy at the latest policy meeting, but also reiterated that inflation is still too high. “We still expect the Federal Reserve to raise interest rates further in December and March, and the end interest rate will reach 4.25%-4.50%. We think this is more like a precautionary rate hike than an aggressive measure to suppress demand due to high inflation,” Michael Langham, an emerging markets economist at Aberdeen Investments, wrote in a report. “The US midterm elections have had little impact on changing this short-term outlook.” The core expectation of Aberdeen Investments is that in the midterm elections, the Democratic Party should win the House of Representatives and the Senate at the same time, although the Senate election situation is likely to be very tight. More broadly, Aberdeen Investments believes that the midterm elections will not prevent the US from launching another attack on Iran.