Wise for central banks to be flexible over stimulus steps, however investors react

To anyone observing the financial markets from the outside, the events of the last few weeks must seem baffling. First, we have a long run of sharply rising share prices and then, last Thursday, drops of about 2pc in Western markets, including the FTSE 100, and a whopping 7pc in the Japanese Ni…

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Wise for central banks to be flexible over stimulus steps, however investors react

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