re: Fed leaves interest rates unchanged, 4/27/2016 (Update in new post on page 1)

I didn't think the Fed minutes release today warranted a new thread....

quote:

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The Federal Reserve will likely raise interest rates in June if economic data points to stronger second-quarter growth as well as firming inflation and employment, according to minutes from the U.S. central bank's April policy meeting released on Wednesday.

That view, expressed by most Fed policymakers at the last policy meeting, suggests the central bank is much closer to lifting rates again than Wall Street expects.

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Fed's last meeting's minutes released 9 minutes ago

Bank stocks will probably benefit the most. Another rate hike will steepen the yield curve which helps most banks with their net interest rate margin.