The Minutes from the FOMC Meeting Will Unveil Policy Maker Insights Behind Historic Decision
The U.S. Federal Reserve ended a seven year stretch of near zero rates with the first benchmark interest rate hike of 25 basis points on December 16, 2015. The market was anxiously awaiting the statement from the American central bank after the confusion caused by the European Central Bank (ECB) a week before. The ECB had failed to deliver on its implied promises and fell short of market expectations sending the EUR higher. The…
Markets to Focus on Fed Minutes for Rate Hike Pace Clues
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