Where Things Stand with the French Elections, Brexit, and Turkey

Clement K. Miller, CFA |
Wilmington Wire
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April 21, 2017—Wilmington Trust has been monitoring several political developments in Europe, particularly the upcoming French Presidential elections, the UK general election and the recent Turkish referendum rendering greater powers to its president. Here we will provide our assessment of these developments.A tightening first round in the French presidential race The first round, on Sunday, April 23, is an elimination round.

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Fed Raises Interest Rates, and Raises Expectations for 2017

Luke Tilley |
Wilmington Wire

December 15, 2016— The Federal Open Market Committee (FOMC) of the Federal Reserve unanimously voted to raise its target for the federal funds rate on December 14 from a range of 0.25%–0.5% to a range of 0.5%–0.75%. The decision was not a surprise to markets, as the market for fed funds futures had priced in a 100% chance of a hike, up from just a 50% chance in September.

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