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What To Watch When FOMC Minutes Drop: Pain For Stocks, Bonds Looms If Market Expectations Diverge With Fed Reality
Tuesday, May 23, 2023 - 12:34pm | 633The Federal Reserve will release the minutes Wednesday of the May FOMC meeting, at which policymakers hiked the policy rate by 25 basis points to 5-5.25% and signaled they were shifting to a data-dependent approach. A sizable majority of Wall Street analysts are of the opinion the rate...