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Majority of regional Fed banks voted for discount rate hike

Discussion in 'Fundamental Analysis' started by ForexLive, Aug 23, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Discount rate minutes boost US dollar - Eight regional banks sought to hike rate as Dallas and Philadelphia joined in others who had previously supported a hike This is a fairly strong signal that many regional Federal Reserve banks are ready to pull the trigger. IT could (and maybe should) give the US dollar a lift.

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