Swiss Economicblogs.org
Macroview Although the probability of a June/July rate hike by the Fed has increased, the minutes also highlighted downside risks still facing the US economy Read full report here The minutes of the April Federal Open Market Committee meeting published on 18 May surprised by their hawkish tone. The key phrase that unsettled observers was that should conditions continue to improve, “it likely would be appropriate for the Committee to increase the target range for the federal funds rate...
Read More »Surprisingly hawkish FOMC minutes unsettles observers
