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Published on Thursday, April 7, 2016 | Updated on Friday, April 8, 2016

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U.S. | FOMC Minutes: March 15th - 16th Meeting

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Summary

Stronger inflation and steady labor market improvement increase support for more immediate action. Committee members divided on possible April announcement, though doves likely to win out due to heightened global uncertainty. June remains in play for the next 25 basis point increase, closing out 2016 at 1.0%.

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