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FOMC Minutes: Policymakers saw rate cuts likely, path highly uncertain

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Forex Market, Market Update

According to meeting minutes made public on Wednesday, Federal Reserve policymakers agreed in December that interest rate reductions are probably going to happen in 2024, although they didn’t seem to specify when.A number of FOMC members stated that when bank reserves “are somewhat above the level judged consistent with ample,” …

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