The Federal Open Market Committee (FOMC) minutes from their meeting on February 21, 2024, have garnered significant attention from economists and investors, offering deep insights into the Federal Reserve's current economic stance, particularly on inflation and interest rates.
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The upcoming week presents challenges for investors, as they must carefully navigate various factors.
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The FOMC Meeting Minutes refer to the detailed record of discussions and decisions made during the meetings of the Federal Open Market Committee (FOMC).
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The Federal Reserve System, often referred to as the Fed, is the central bank of the United States.
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The minutes revealed that some officials were in favor of raising interest rates at the meeting, but ultimately decided to maintain the current rate.
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Last week, US inflation data released below than expected with %7.70 year-on-year (YoY) in October which is the lowest level since January
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