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July FOMC Minutes

FED

Not hearing anything haven't heard already:

  • "Economy's Fate Linked With Uncertain Path Of Virus; Disinflation as Main Price Pressure Risk" DJ
  • From BBG: "Fed Chairman Jerome Powell and other central bank leaders have indicated they are preparing to adopt a long-term approach of making up for periods of low inflation by seeking subsequent periods of somewhat higher inflation. The practical effect is it will be a long time before they raise interest rates."

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