How will the US presidential election affect financial markets?

Economic actors all over the world are setting their eyes on the US presidential election, which is closely connected to the FED’s expected raising of the base rate. In the last 20 years it happened only once that the FED raised the base rate in the campaign period, and this step put great burden on the future budget. Analysts say a 1-2 percent interest rate can be of much more use to an economy than zero/negative interest rate, and it seems that the central bank of USA is starting to think this way, too. On 23 August the Central Bank of Hungary (MNB) didn’t change the 0.9-percent base rate. In August the euro-forint exchange rate was moving in the 308.62-311.32 zone, while the dollar-forint exchange rate was between 273.26 and 280.71.