While you were sleeping: Fed divided on rates

Wed, 08 Apr 2015

By Margreet Dietz April 9 (BusinessDesk) - Wall Street moved higher, while US Treasuries fell after Federal Reserve minutes from last month’s meeting showed policy makers couldn’t agree over whether to raise interest rates in June. “Several participants judged that the economic data and outlook were likely to warrant beginning normalisation at the June meeting,’ according to minutes of the March 17-18 meeting. “However, others anticipated that the effects of energy price declines and the dollar’s appreciation would continue to weigh o...

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