MARKET DAILY

FOMC Meeting Minutes 11/23: FED clearly dovish, Wall Street optimistic ahead of Thanksgiving

Higher long-term interest rates but the frequency and speed of rate hikes will start to decrease in the coming time

Today's released FOMC meeting minutes show that although the FED remains determined to curb inflation, support for the current tight interest rate policy is starting to decline among FOMC members. This has created stability in the market since the rate hike on 11/02, with the dollar continuing to fall and the stock market showing clear improvement.

Summary of FOMC Meeting Minutes:

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