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The Street
The Street
By Martin Baccardax Minutes from the Fed’s May policy meeting, published later today, could provide clues as to whether it’s prepared to reconsider its vow to ‘expeditiously’ lift interest rates to fight the fastest inflation in four decades. U.S. equity futures moved lower Wednesday, while the dollar bounced from a one-month low and Treasury yields held steady, as markets proceed cautiously ahead of the release of minutes from the Federal Reserve’s May policy meeting later in the session. The Fed’s inflation fight, which will likely delivery 50 basis point rate hikes at consecutive policy mee…
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