The Federal Reserve hiked rates by 25 basis points on Wednesday and indicated it would raise rates two more times this year, once more than market expectations before the announcement.
At the two-day meeting, the Federal Open Markets Committee (FOMC) voted to hike the Federal Funds target range to 1.75%-2% from the 1.5%-1.75% band, pointing to a stronger economic outlook. The FOMC...
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Why the traditional approach of combining bonds and equities is not the best way to improve risk-adjusted returns
Partner Insight: The way in which bonds have been so successfully combined with equities in the past 35 years has been contingent on them delivering high returns in periods of equity market stress. Yet in half of the 20-year periods over the past 120...