How Realistic is a June Fed Rate Hike?
Federal Reserve officials want to raise interest rates in June. Now, it is up to the U.S. economy to confirm their view that slow growth in the first quarter was temporary. Minutes of the April 26-27 Federal Open Market Committee meeting released Wednesday in Washington used the word “June” six times in a policy context. Jefferies International Chief European Economist David Owen discusses with Bloomberg's Anna Edwards on "Countdown."
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