The Federal Reserve is expected to leave interest rates unchanged in today’s monetary policy announcement, but firmer inflation in recent months lays the foundation for hikes in the months ahead.
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Legal showdown approaches for Trump’s lawyers with Mueller: CNN
US auto sales post slide in April after strong rise in March: Reuters
ISM Mfg Index for US slumps as prices for raw materials accelerate: MW
US Mfg PMI rises to highest level in 3-1/2 years in April: IHS Markit
Construction spending in US tumbled in March: MW
Fed funds futures: no change in rates for today’s FOMC announcement: CME
US Dollar Index jumps to highest level since January: Reuters
2yr Treasury yield edges up to 9yr high ahead of today’s Fed announcement: MW