Fed holds interest rates steady at 23-year high
https://www.msn.com/en-us/money/markets/fed-holds-interest-rates-steady-at-23-year-high/ar-BB1o4VMd
This means that voters will not be feeling the effects of lower rates in time for the next election. It also means the subsequent recession will come next year (or earlier) despite who is elected.
PM prices faded on this news. Gold is now negative on the day.