How ill US indices fare amid release of Fed minutes?
Channel: CMC Markets plc
Date: 24/05/2023

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Earlier this month, the US Federal Reserve raised its benchmark interest rate by a quarter of a percentage point to a new target range of 5% to 5.25% and softened its guidance around the need for further tightening. With the publication of the minutes from that meeting at around 7pm (UK time) today set to shed more light on policymakers’ thinking, Michael Kramer of Mott Capital Management discusses potential movements for the S&P 500, the Nasdaq 100 and the Dow Jones. 

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