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Fed begins policy exit talks, split on view of U.S. job market
Reuters: Federal Reserve policymakers last month began laying groundwork for an eventual retreat from easy monetary policy with a discussion of how to best control interest rates as they remove trillions of dollars from the financial system.
No final decisions were taken, and minutes of the session, released on Wednesday, said the Fed was merely engaged in "prudent planning" and not signaling it was ready to "normalize" monetary policy or raise interest rates any time soon.
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