FOMC meeting minutes release today

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    FOMC meeting minutes today

    The Fed FOMC meeting minutes release today (Wednesday) was yet another in a long line of U.S. Federal Reserve communications that had financial pundits abuzz but delivered nothing new.

    The Fed minutes released today - documenting the discussions of the Fed's Federal Open Market Committee three weeks ago - indicated that the Fed has progressed little on pinning down a timeline for raising the Fed funds rate from its 0% to 0.25% target.

    But as usual, these Fed minutes skirted the real issues...

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