Monthly Archives: December 2015

Monthly Recap: December 2015

After months of deliberation, the Federal Reserve announced a 0.25% increase to the Federal Funds Rate (to 0.50%), beginning its rate tightening cycle. Though the hike was fully anticipated, investors paid close attention to U.S. Fed Chair Janet Yellen’s tone regarding the pace of future rate rises, where she forecasted four further rate increases by year-end 2016. Initially …

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