The Federal Reserve recently released minutes from the FOMC meeting, revealing a cautious approach to reducing interest rates if inflation continues to decline. The Fed has made rate cuts in the past and is expected to make another 25 basis point cut in December. Personal Consumption Expenditures data, an indicator of inflation, was also released, showing a slight increase. According to CME FedWatch, there is a 66.3% chance of a 25 basis point cut on December 18. Please note that this information is not investment advice.



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