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The Fed Minutes Rock Markets on Thursday
The minutes of the Federal Reserve's last policy decision revealed that officials aren't just gearing up for sooner than expected rate hikes, but are also preparing to reduce their massive balance sheet. Kelvin Tay, UBS' Regional Chief Investment Officer, spoke to JP Ong about how this is shaping UBS' outlook for markets, and how investors might position themselves amidst the diverging directions of the world's major central banks.See omnystudio.com/listener for privacy information.
The skinny
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