FOMC Minutes Signaled Policymakers Favor Tapering of Stimulus

Financial markets climbed higher as the FOMC minutes showed that policymakers were more upbeat on growth despite a benign outlook for inflation. Wall Street soared with the DJIA and S&P 500 indices gaining +0.88% and +1.22% respectively.

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FOMC Minutes Signaled Policymakers Favor Tapering of Stimulus