28-04-2016 00:54 via news.yahoo.com

Fed's 'forward guidance' shift leaves markets more wedded to data

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Rising oil prices and a more stable Chinese economy allowed the Federal Reserve to shift its focus back to the home front on Wednesday, as it signaled that U.S. jobs and inflation data would determine whether it hiked interest rates in June. The U.S. central bank gave little hint of how it was leaning in the wake of its latest policy meeting, issuing a statement free of the forward-looking guidance it has used to massage expectations in m
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