Fed Minutes to Shed Light on Internal Debate Over Rates

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Fed Minutes to Shed Light on Internal Debate Over Rates
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Fed officials had a packed agenda when they cut interest rates last month. Clues about their policy preferences will emerge in their meeting minutes.

The Federal Reserve releases the minutes of its Oct. 29-30 meeting on Wednesday at 2 p.m. EST, shedding light on its decision to cut interest rates and signal a wait-and-see policy stance.

Officials reduced their benchmark rate by a quarter percentage point for the third time since late July but raised the bar for another cut at their next meeting on Dec. 10-11.

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