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The direction of interest rates remains uncertain; this minutes could be the key piece of the puzzle.
This minutes will unveil the full picture of the most divided meeting within the Federal Reserve, with an increasing number of officials adopting a cautious stance, worried about rising inflation, and fewer leaning towards rate cuts.
Deutsche Bank analysts stated that although the minutes may seem somewhat outdated, they still help gauge the changing size of the camp advocating for a more neutral forward guidance.