Post-FOMC minutes market update : SPY (18 May 2016)

• Minutes from the Federal Reserve's last policy meeting indicated that a rate hike in June cannot be ruled out if the upcoming economic data is favorable. 
• The minutes suggest that the Fed is far more hawkish than the market would like to think. Shortly after the minutes were released on Wednesday, equities slipped and the dollar strengthened. 

Post-FOMC market update : SPY (March 14-16, 2016)

• 3 days: Mon - Wed (March 16)
• Fed keeps rates unchanged and cuts its rate-hike outlook. (FOMC announcement)
• S&P at year's high. Crude oil +6%.

FOMC announcement: Fed drops word ‘patient’ from policy statement

Yellen hints rate hike is possible around mid-2015

Taper tantrum: The Fed altered its guidance on the likely path of interest rates, putting less weight on the unemployment rate as a signpost for when rate increases will start. The bond-buying program will be cut by a further $10 billion, to $55 billion a month.

U.S. stocks and bonds fell as the Federal Reserve's latest policy statement raised jitters about the prospect of interest rates rising sooner than some in the market have been anticipating.