◀ The Principal Blog

Posts tagged ‘economy’

Short and Sharp: European political risk is still alive



European political risk seems to once again be rearing its ugly head. Last week, Catalonia voted in favor of declaring independence from Spain, with an overwhelming 90% majority. Turnout was low at 43%; although, this was partially due to heavy-handed attempts by the Civil Guard to stop the…

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Short and Sharp: And so it begins



Almost nine years after beginning its balance sheet expansion, the Federal Reserve (Fed) has taken the first step toward unravelling this extraordinary crisis measure. Alongside this momentous (if understated) policy move, the Fed signalled that despite low inflation it still intends to raise…

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