What role does political uncertainty play in the Federal Reserve's decision-making process?
Looking for Doves and Dissenters in FOMC Minutes
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The transcript discusses the Federal Reserve's outlook for a potential rate hike in December, highlighting the influence of dissent within the Fed, particularly from Governor Brainard. It examines market reactions, such as the rising US dollar, and their impact on financial conditions. The FOMC minutes are analyzed for insights into political influences and the Fed's strategy. The discussion concludes with a focus on inflation targets and the Fed's approach to policy normalization.
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How has the Federal Reserve's approach to inflation changed over the past year?
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