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US stocks traded mixed as investors looked ahead to the central bank’s meeting minutes.
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The release will offer more insight into what the Fed is thinking about monetary policy and inflation.
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Traders are anticipating a quarter-point rate cut in November.
US stocks were mixed early Wednesday as traders looked ahead to the minutes of the Federal Reserve’s last policy meeting, which should give further guidance on the path of interest rates for the rest of the year.
All three benchmark indexes traded slightly in the red, while bond yields were up slightly.
Investors will be parsing through the Fed’s latest meeting minutes later on Wednesday, which will give more insight into what central bankers are thinking about the economy and the trajectory of rate cuts this year and beyond….
