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Hawkish FOMC Minutes Prompt Sharp Market Reactions

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The minutes from last month's FOMC meeting were released on Wednesday afternoon. Overall, the release was significantly more hawkish than many had expected, notably stressing that a June interest rate hike would be likely if economic growth data continues to progress as expected. As always, improvements in the labor market[​IMG]

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