Market Comment | Fed’s hawkish tone continued as main driver in financial market

Summary

FOMC Minutes leave the door open for a June rate increase. Weak 1Q16 activity supported the dovish dominance at April’s meeting. Hawkish FOMC members argued that further delays could be confusing to the public in regards to their data-dependent strategy and may ultimately hurt their credibility. Fed communication will continue to signal the possibility of […]

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