Now Blogging Regularly – Principal Global Fixed Income!
Welcome to the new Fixed Income segment of The Principal Blog! The video below gives a quick look at what to expect.
Two Holds, Nine Cuts, One Hike – Now What?
Monetary accommodation was on the rise in May. Of the twelve major bank meetings during the month, nine resulted in cuts, two central banks held policy steady, and only one actually increased rates to control inflation. Two Holds While the Federal Reserve didn’t change direction, it sent mixed…