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Fed Strategy Ahead of Trump Presidency: Raise Rates

December 14, 2016


Kenneth J. Taubes

Chief Investment Officer, US

As expected, the Federal Open Market Committee (FOMC) raised the target Fed Funds rate by 25 basis points (bps). The December rate increase represents the sole rate increase for 2016, following the December 2015 move, and the second increase since 2006.

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The Pioneer Investments Quarterly Newsletter | Autumn 2016

 

Inside this issue:

  • Pioneer sees improving Gross Domestic Product (GDP) growth in the final months of 2016 
  • Recent Portfolio Management Changes
  • US Market Outlook 

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