Institution: The dollar strengthened ahead of the Federal Reserve meeting minutes
ChainCatcher news, BBH analysts stated in a report that the Federal Reserve meeting minutes to be released tonight may show that some Fed officials opposed a 50 basis point rate cut before being persuaded to vote in favor of the majority. At the meeting on September 18, which initiated the monetary easing policy, Fed Governor Bowman was the only dissenting voice, voting for a 25 basis point cut. Since then, the Fed has hinted at another 25 basis point cut next month, which has provided some support for the dollar. (Jin Shi)
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