US Presidential election odds: Trump's odds lengthen after Biden drops out

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US Presidential election odds: Trump's odds lengthen after Biden drops out
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US President Joe Biden dropped out of the US presidential race Sunday, per CNN.

Most recent article:US President Joe Biden stands down from reelection, endorses Kamala HarrisMost recent article:US President Joe Biden stands down from reelection, endorses Kamala Harris US President JoeBiden dropped out of the US presidential race Sunday, per CNN. Vice President Kamala Harris solidified her position as the leading Democratic candidate in the betting market.

How do the decisions of the Federal Reserve impact the US Dollar? The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve . The Fed has two mandates: to achieve price stability and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, the Fed will raise rates, which helps the USD value.

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