FOMC Minutes: With yesterday’s RBA monetary policy minutes not offering us anything new, we move onto tonight’s US inflation data and FOMC minutes. With Fed speakers indicating that inflation is still a key driver of the timing of the imminent rate hike, tonight’s CPI data will give us a heads up on whether the economy is still moving toward the Fed’s 2% target. On the other hand, the FOMC minutes look backward to the previous meeting and with all the Chinese currency shenanigans between then
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