Whoever Wins, There Will Be Volatility Ahead

Last week, the central bank of three advance economies seemed paralyzed. The Bank of England, the Bank of Japan, and the US Federal Reserve (Fed) all refused to change their respective interest rates. The economic situation behind these decisions are, no doubt, different in each country. But, admittedly or not, these central banks dared not change their interest rates amid the growing uncertainty leading up to the November 8 elections in the Unit

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