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Fed minutes and Democratic Senate agenda

The assassination of former Japanese Prime Minister Shinzo Abe shows that unfortunately the US doesn’t have a monopoly on gun violence.  It is premature to speculate on whether or not there will be any implications for global relations but it is a reminder of the risk that is constantly facing policy makers.

Wednesday the much anticipated minutes from the June FOMC meeting were released and there were no surprises.  The Fed remains hawkish on rates with the minutes making clear that a...

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