Harris to announce campaign platform next week

Kamala Harris, who officially became the Democratic Party's presidential nominee earlier this week, said she planned to unveil her policy positions next week, with a focus on the US economy, Report informs referring to Nikkei Asia.

"It'll be focused on the economy and what we need to do to bring down costs, and also strengthen the economy overall," she said.

A jump in the July US unemployment rate reported last week helped spark a global stock market rout that continued into Monday before equities partially recovered, with investors worried the US was headed for a recession and the Fed would need to react aggressively.

Asked about those concerns and the Fed's response, Harris said, "As we know there was turbulence this week, but it seems to have settled itself. And we'll see what ... decisions they make next."