Will the Fed raise rates in June?

By scott miller

Investors spent the first part of last week waiting for the minutes of the Federal Reserve’s April meeting to be released, and the rest of the week trying to decide what to make of the news that the Fed might raise its benchmark rate sooner than expected, perhaps as early as June.The results were mixed, with the S&P 500 and Nasdaq up for the week while the Dow Jones Industrial Average dipped. The yield on the 10-year Treasury, meanwhile, rose to 1.85 percent, its sharpest one-week increase since last November.Prior to the release of the Fed’s meeting minutes on Wednesday, …

Source:: Vail Daily Feed