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Podcast: UBS On-Air: Market Moves
Episode: UBS On-Air: Paul Donovan Daily Audio 'The exciting tale of the Federal Reserve'
Description: The Federal Reserve minutes offered some excitement, and it is not often that an economist gets to write those words. “Many” members of the Fed were opposed to the idea of a December rate cut. The Fed will not have a great deal of new information before it meets next month (thanks to the government shutdown), leading markets to reduce expectations for another rate cut this year.