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Nomura expects FOMC minutes from December to highlight divisions within the Committee on the rate cut decision and the 2025 policy outlook, along with detailed discussions of fiscal policy implications, neutral rate assumptions, and inflation risks.
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Nomura expects the December FOMC minutes to reinforce internal departments, fiscal policy considerations, and evolving views on inflation and a neutral policy stance, offering valuable insights into the Fed's deliberations and outlook to 2025. .
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