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FOMC Minutes Morning

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Key Points: This morning’s FOMC Meeting Minutes from October show that most members were comfortable not raising rates in October but that December is very much in play. I’ve extracted a few of the key lines from the minutes in summary: “Most participants saw the downside risks arising from economic and financial developments abroad as having diminished and judged the risks to the outlook for domestic economic activity and the labor market to be nearly balanced.” “…(Most officials felt

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