Key points from the May FOMC meeting:
1- Keep current policy rate at 5.25% - 5.5%
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MARKET DAILY
Market 05/01: May FOMC - Fed keeps rates unchanged + slows QT from June
JOLTS Job Openings Report: Labor market cooling. Manufacturing activity (ISM PMI) contracting. Treasury announces buyback program (debt repurchase) from 05/29.
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