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Navigating the New World of Higher Rates

What corporate investors need to consider once the U.S.s first interest rate hike in years is behind us.

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The U.S. economy has come a long way since the depths of the financial crisis. The unemployment rate was cut in half, from 10 percent in October 2009 to 5 percent in October 2015. The housing market has turned from a source of vulnerability to a source of strength, and low energy prices and cheaper imports are supporting increases in consumer spending.

The road to recovery has been slow, but after seven years of ultra-accommodative monetary policy, the Federal Reserve finally appears ready to raise interest rates off of zero.

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