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Published on Wednesday, May 18, 2016

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Market Comment | Fed´s hawkish tone raises yields and USD

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Summary

More hawkish tone from Fed officials. The hawkish tone of last night’s remarks by Fed officials contradicted market expectations of just one rate hike this year. Kaplan advocated for an interest rate hike in upcoming months’ meetings. “Whether that’s June or July, I can’t say right now.” Atlanta Fed President Dennis Lockhart also contributed to […]

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