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The Federal Reserve's July meeting minutes will reveal internal interest rate debates, with three officials supporting a 25 basis point hike.
The Federal Reserve's July meeting minutes will reveal internal interest rate debates, with three officials supporting a 25 basis point hike. Jennifer Lee, Senior Economist at BMO Capital Markets, expects the Federal Reserve to remain patient. The institution predicts the Federal Reserve will not take interest rate action until late 2027, when it is expected to begin cutting rates.
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