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Fed minutes released: Rate cuts likely, but path highly uncertain
The FOMC minutes of the Dec 12-13 meeting indicate that officials unanimously believed the rate-hiking cycle that began in 2022 may have com Show More
The FOMC minutes of the Dec 12-13 meeting indicate that officials unanimously believed the rate-hiking cycle that began in 2022 may have come to an end. They noted a slowdown in inflation and suggested that interest rates might be at or near their peak and will remain restrictive for a period. Officials acknowledged expectations pointing towards a rate cut by the end of 2024, but emphasized the high uncertainty surrounding the interest rate path.

🎙️ Discussion:
How do you interpret the FOMC minutes? Where might the U.S. stock market be headed in the aftermath?

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