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The minutes from the Federal Open Market Committee’s (FOMC) most recent two-day meeting should provide some insight into the factors that prompted the most recent round of interest rate increases by the U.S. central bank when they are released tomorrow. Knowing exactly what was mentioned on July 26 and 27 could be essential information for market observers and traders alike, as inflation and monetary tightening continue to dominate public conversation.
Release of FOMC Minutes
To Be Made Public: The Internal Fed Debate
Following the meeting last month, Federal Reserve Chairman Jerome Powell gave a press conference where he announced yet another increase in interest rates.