Fed minutes: door still open for a June rate hike
Washington
Washington - Arab Today
The Federal Reserve remained prepared to proceed on a rate hike in June despite the first-quarter economic slowdown, the minutes to the Fed's policy meeting last month showed.
But Fed officials were still concerned over possible turmoil in global markets from China's handling of its exchange rate and from the coming Brexit referendum in Britain, which takes place a week after the next policy review on June 15-16.
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