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AFP News

US Businesses 'Hesitant' Before 2024 Elections: Federal Reserve

United States US Federal Reserve the Federal Reserve Donald Trump Kamala Harris

Former US president Donald Trump takes on Vice President Kamala Harris for the White House on November 5 (Credit: 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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