Equities Recover as FOMC Minutes Digested. Fed Official Downplayed Chance of Four Rate Hikes

Equities recovered while Treasury yields pulled back from the highest in 4 years after the hawkish FOMC minutes were digested. Wall Street was higher as led by energy and healthcare shares. Rate hike speculations were also tamed by some Fed members including St Louis Fed president James Bullard, a non-voting dove.

The post Equities Recover as FOMC Minutes Digested. Fed Official Downplayed Chance of Four Rate Hikes appeared first on crude-oil.news.