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Posts tagged ‘economy’

June FOMC Meeting Minutes (Video Blog)



The Federal Open Market Committee (FOMC) meeting minutes came out on Wednesday (June 18). Details of the minutes weren’t surprising but had a generally positive tone. Here are some thoughts on the minutes and our view on the Federal Funds rate.  Follow Principal Global Investors on LinkedIn…

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Don’t Judge a GDP Report by Its Headline



From the initial estimate of first-quarter GDP to the second one released today (May 29), we moved from stagnating economic activity (0.1% rate of growth) to a contraction, a 1% decline to be exact.  This marked the first time since 2011 that the U.S. economy had a quarter of declining economic…

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