Fed Minutes Inbound as Housing Market Stalls

Stocks are trading sideways this morning after yesterday's massive selloff as investors await the release of the minutes from the Jan/Feb FOMC later today. The minutes will provide clues as to just how many on the committee were favoring larger interest rate increases prior to inflation and retail sales data that snuffed out pivot talk since the meeting ending. Elsewhere in markets, some recent housing data is showing that the housing market is teetering on a knife's edge with sales at the lowest levels seen in decades.

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