Bank of England warns of economic risks from elections

From brecorder.com

Policy uncertainty linked to upcoming elections in France and the United States has increased the risk of market volatility and other economic fallout, the Bank of England warned Thursday. The BoE forecast, contained in the central bank’s half-yearly financial stability report, comes ahead of the first round of a snap French election Sunday and a US presidential vote in November. Britons meanwhile go to the polls on July 4, with the BoE refraining from specific comment on that election to avoid political bias. “Policy uncertainty associated with upcoming elections globally has increased,” the bank said. “This ... (full story)