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Fed Minutes Eyed for Details on Rate Liftoff, Shrinking Assets

  • FOMC pivoted at December meeting to concern about inflation
  • When to shrink balance sheet is a point of discussion

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Investors gauging the likely timing of the Federal Reserve’s first interest-rate hike and its kick-off for shrinking a balance sheet now at a record $8.8 trillion will get fresh clues on Wednesday, with minutes of policy makers’ meeting last month.