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Nomura expects the FOMC minutes from December to highlight divisions within the Committee on the rate cut decision and 2025 policy outlook, alongside detailed discussions on fiscal policy impacts, neutral rate assumptions, and inflation risks.
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Nomura anticipates the December FOMC minutes will underscore internal divisions, fiscal policy considerations, and evolving views on inflation and neutral policy stance, offering valuable insights into the Fed’s deliberations and 2025 outlook.
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