Fed Minutes to Reveal Deep Divisions as Warsh Prepares to Succeed Powell
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The release of fed minutes is expected to reveal deep divisions among officials over the future direction of interest rates and the path of us inflation. There is uncertainty over the outlook, with some indications that officials are open to rate hikes and others suggesting rates may be held steady. The leadership of the fed is also reportedly set to change, with Warsh preparing to succeed Powell.
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