Read this in The Manila Times digital edition.
NEW YORK — A double dose of potentially market-moving events is up this week as Americans vote on their next president and the Federal Reserve offers more insight on the path of interest rates at its monetary policy meeting.
The Nov. 5 vote culminates an election cycle that has captivated the country and sparked swings in corners of financial markets. Among these has been the waxing and waning of the so-called Trump trade, a bevy of asset price moves reflecting sentiment that Republican Donald Trump is gaining momentum in his race against Democrat Kamala Harris for the US presidency.
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