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In Other News · United States · Politics

Fed officials view another rate hike as ‘likely,’ meeting minutes show

Source: The Hill
Summary
The majority of Federal Open Market Committee (FOMC) officials believed another rate hike was on the horizon this year, according to minutes from the panel’s last meeting the central bank released Wednesday. “With regard to the outlook for monetary policy beyond the current meeting, most participants assessed that another increase in the target range for the…
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