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#FedSeptemberMinutes The Fed minutes may already be fighting yesterday's battle 👀
Officials raised rates in September with inflation in focus. Since then, weak payrolls have cooled expectations for another October hike.
That's what makes this week interesting. ISM shows where the economy is heading, while the minutes explain where the Fed was.
If fresh data keeps weakening, markets may care less about why the Fed hiked and more about whether its September assumptions still hold.
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