June Hike Likely – What is the Effect on Oil?

On Wednesday May 18, 2016, the Federal Reserve released the minutes from its April meeting, sending vibrations throughout the markets.

The message from the Fed to the market was simple:  stay on your toes because the Fed is seriously considering raising interest rates in June. There has been speculation as to when and if the Fed would consider increasing rates any time soon. The bears and the bulls have offered varying opinions, the consensus seems to be leaning more in the bear’s favor that t...


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