Market Outlook: The minutes of the July meeting of the Federal Reserve are expected to show the depth of the debate on interest rate cuts
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Market outlook indicates that the minutes of the Federal Reserve's July meeting are expected to reveal a thorough discussion on the interest rate cut issue. Some Federal Reserve officials are hoping to discuss a rate cut at last month's policy meeting. The specifics of who holds this view and whether they believe a rate cut in September is preferable will be clarified by tonight's released meeting minutes. Meanwhile, LH Meyer analysts are focusing on the debate surrounding the July rate cut, assessing the internal support within the Federal Reserve and the impact of a rate cut on the slowing labor market
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