Fed Minutes to Come Today. Look for Insights on Rates, Mortgage Bonds, and More.

When the Federal Reserve on Wednesday releases the minutes from its most recent policy meeting, investors will get a deeper look at deliberations over monetary-policy tightening and officials’ views of the economy.

During the meeting that ended May 4, the Federal Open Market Committee, the Fed’s policy arm, raised its main policy rate by 0.5%. It was the first hike of that magnitude since 2000. Officials have signaled a similar increase in June, and Wall Street expects another 0.5% rate…

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