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"Populism is definitely good politics, but it's not good economics."
"Populism is definitely good politics, but it's not good economics."
President of one Federal Reserve Bank sees interest rate increase in December as likely, despite uncertainty caused by the presidential election.
Markets fear that Republican control of White House and Congress will lead to out-of-control spending, and thus inflation.
Trump win may increase uncertainty in Brexit-battered IPO market.
How the U.S. presidential election results may affect financial markets in the longer term.