• FOMC minutes decidedly hawkish, DOW retreats but stays bullish

    Source: Buzz FX / 22 May 2024 23:56:11   America/New_York

    US stocks ended lower overnight as
    minutes from the latest FOMC meeting revealed a more hawkish stance than anticipated. The central focus of the minutes was the “lack of further progress” in reducing inflation towards the 2% target, which
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