• FOMC’s April minutes: many Fed officials noted the economic data would not strong enough to start raise interest rates in June

Market news

21 May 2015

FOMC’s April minutes: many Fed officials noted the economic data would not strong enough to start raise interest rates in June

The Federal Reserve released its April monetary policy meeting minutes on Wednesday. Some policymakers expect that the Fed may raise its interest rates in June. Members noted that the Fed was on track to hike its interest rates in June. Many policymakers said that it unlikely that the economic data available in June would provide sufficient confirmation that the conditions for hiking interest rate had been met.

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