◀ The Principal Blog

Short and Sharp – The Federal Reserve and a tale of two markets



Markets weren’t surprised. The Federal Reserve (Fed) had clearly telegraphed their decision to raise policy rates last week. But what was less expected was the Fed’s signal about future policy: another rate hike is likely this year, three more next year, plus the Fed will begin reducing the…

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June is the end of May



Theresa May’s gamble backfired epically. The Conservative Party has lost its majority, casting doubt on May’s position as prime minister and leaving the United Kingdom (UK) with an unstable government at a time when it desperately needs stability. Two weeks shy of the start of Brexit…

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