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Fed Minutes Likely to Leave June Hike Firmly in Play for FOMC

  • Major balance sheet decisions probably left unresolved
  • Division could be revealed over low-inflation riddle
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Fed's Harker Says Three 2017 Rate Hikes 'Appropriate'

Details of the closed-door discussion that Federal Reserve officials held during their most recent policy gathering are expected to keep the odds of a June interest-rate increase high.

The record of the May 2-3 meeting, at which officials voted to leave the target range for the federal funds rate unchanged at 0.75 percent to 1 percent, is scheduled to be released Wednesday at 2 p.m. in Washington.