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“The minutes of the final Federal Reserve assembly are due, and must be fascinating,” Paul Donovan, the chief economist of UBS Global Wealth Management, stated in a notice. “The tone of the Fed minutes mustn’t change expectations of additional price cuts—the Fed is still scrambling to meet up with inflation slowing in the US, and started slicing rates late. But expectations in regards to the pace of easing may be set by the minutes.” US stocks traded blended as traders looked forward to the central financial institution’s meeting minutes.
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