Minutes from the Federal Reserve's July meeting indicated a willingness to raise the fed funds rate as early as September, though multiple board members expressed doubt that the Fed's 2% inflation target will be reached by then
The pace of initial public offerings coming to market has been the slowest since 2009; through July, 54 companies have raised a total of $11.5B, down nearly 50% from the same period last year; a slew of IPOs are scheduled for after Labor Day
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