◀ The Principal Blog

European election series: Part 2 of 4



Editor’s note: This is the second in the blog series about the forthcoming European elections. Follow the series and watch for the next post that discusses the political outlook for Italy. German elections – a change in the political landscape? Angela Merkel’s steadfast grip over Germany…

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Staying on pace: Fed raises interest rates



As anticipated, the U.S. Federal Reserve (Fed) raised the fed funds rate by 25 basis points today – from 0.75% to 1.0%. The Fed’s policy statement and Chair Yellen’s press conference emphasized that the economy is headed around their anticipated pace, and we can likely expect two more rate…

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