U.S. Fed to raise rate in June, cut bond purchases soon

25 May 2017

 

Not only is there a good chance the U.S will raise its official rate next month for the second time this year, there now seems to be a hardening of the view the beginning of the end of bond purchases by the U.S Fed is not far away. According to the Federal Open Market Committee (FOMC) minutes of May’s meeting “Policymakers agreed that the Committee’s Policy Normalization Principles and Plans...

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