FOMC minutes: US June rise “likely”

18 May 2016

 

Usually minutes from a central bank are assessed for the nuances they contain. Is there an easing bias? Is there a focus on inflation or GDP growth? However, the release of the minutes from the April FOMC meeting contained a message plain for all to see. ANZ described them as having “a fairly dramatic impact on the market on their release” and Westpac said they were “far more hawkish than...

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