Here come the Fed minutes ...
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At the meeting, three FOMC members disagreed with the decision to not raise the benchmark rate. The minutes could hint at why there were divergent views, while concluding that the balance of opinion still tilts towards slow and steady rate hikes.
They are not expected to show anything particularly new about the Fed's thinking, and could provide some detail into how the Federal Open Markets Committee is thinking about continuing to raise interest rates.
The Fed's September statement paved the way for it to raise the fed funds rate, likely by 25 basis points from the current range of 0.25% to 0.50%, later this year. The Fed hiked last December for the first time since before the Great Recession because it was satisfied with the labor-market recovery, and believed that inflation will pick up.
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