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Federal Reserve minutes reveal division over future interest rate decisions
The minutes of the U.S. Federal Reserve meeting revealed that policymakers were divided over the future of interest rates, discussing scenarios that range from a possible cut to an additional hike, with rates remaining between 3.5% and 3.75% throughout 2026. The minutes confirmed that future decisions will depend on economic data, with differing views on the appropriate interest rate level by the end of the year. The minutes were issued following Warch's appointment as the bank's president, who indicated a move toward reducing disclosures regarding future guidance.
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