US interest rates could rise in June

[Nicholas Wallwork]

The latest minutes from the US Federal Reserve meeting have cast a very dark shadow across equity markets last week. There is a real chance that US interest rates could increase in June as the Fed looks to offset a strong economy. Initially markets had expected US interest rates to rise no earlier than September

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[lookinginvest]

Only a few weeks ago the indications seemed to be that US base rates would need to fall rather than rise? What has happened in this relatively short space of time to change this situation?