Asset management institution Apollo's Torsten Slok stated in a report that due to continuous data showing the relative strength of the US economy, the Federal Reserve may change its course fundamentally and not cut interest rates. He said, 'The Atlanta Federal Reserve's current forecast for third-quarter GDP is 3.4%, with the bottom line being continued economic expansion.' Slok believes that the economy benefits from favorable factors such as a dovish Fed, the upcoming end of election uncertainty, and easing geopolitical risks. Slok stated that considering these factors as a whole, the Federal Reserve is more likely to maintain interest rates in November rather than cutting them.