◀ The Principal Blog

Posts from the ‘Economic Insights’ category

The Fed and the ECB: Divergent



While the past six months have been all about politics, the last two weeks have been all about the central banks. As widely expected, on December 14, the U.S. Federal Reserve (Fed) hiked policy rates by 25 basis points (bps) or 0.25%, taking the federal funds rate range to between 50 and 75 bps.…

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What’s a Central Alabama Home Depot employee have to do with the Bolivar?



Given the current state of its economy, Venezuela officially became a brand new member of a notorious club: the “hyperinflation club.” This is based on a method for identifying hyperinflation from economists Steve H. Hanke and Nicholas Krus, aptly named Hanke-Krus World Hyperinflation Table.…

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