Central Banking

Minutes of the Federal Open Market Committee

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MINUTES - The Federal Reserve Board on Wednesday released the minutes of its discount rate meetings from 1 April to 6 May. "No sentiment was expressed in favor of an increase in the discount rate," the April 29 minutes said. The language in the May 6 minutes was much the same, saying there was no sentiment for a discount rate move ahead of a meeting of the Fed's interest-rate setting panel scheduled for the following day.

Minutes

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