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MUFG anticipates that the minutes from the September FOMC meeting will provide insights into the level of support for the 50bps rate cut and the current sentiment regarding inflation and the dual mandate.
Key Points:
Support for the Rate Cut:
Balanced Risks:
Impact of Upcoming CPI Data:
Market Sentiment:
Conclusion: Today’s release of the FOMC minutes will be closely watched for insights into the Fed’s sentiment around the recent rate cut and inflation outlook. The upcoming CPI data will play a pivotal role in shaping market expectations for the dollar’s trajectory.
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This article was written by Adam Button at www.forexlive.com.
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