💵 The US dollar consolidates its gains ahead of the Fed minutes:🏦
• BBH analysts said in a report that the minutes of the Fed meeting to be released tonight may show that some Fed officials are against a 50 basis point rate cut before they are convinced to vote in favor of the majority.. At the monetary easing policy launch meeting on September 18,Fed Governor Bowman was the only dissenter, voting in favor of a 25 basis point rate cut. The Fed has since indicated that it will cut rates by another 25 basis points next month, a possibility that has provided some support to the dollar.. 🇺🇸