+ Most Fed officials agree that it will be necessary to tighten 50 basis points in the next 2 meetings in June and July.
+ The Fed also signaled that it is likely to end the process of raising interest rates by the end of this year.
=> The minutes showed that the FED raised interest rates faster than the market expected, but softened and was a bit more dovish when signaling that it would likely pause raising interest rates at the end of the year... Investors are more relaxed and optimistic.
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