The Weekly Bottom Line: FOMC Eyes Half-Point Hike

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The Weekly Bottom Line: FOMC Eyes Half-Point Hike

U.S. Highlights Minutes from the November FOMC meeting showed a sizeable majority of members were receptive to the idea of slowing the pace of rate hikes in the near-term. New home sales jumped 7.5% month-on-month (m/m), far outpacing expectations for a moderate decline, but remain down 5.8% year-on-year (y/y). Consumer sentiment declined in November for […]

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