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WATCH: China Urges SOEs to Drop Big Four Auditors
Investors await Fed minutes, Chinese authorities urge state-owned firms to phase out using the four biggest international accounting firms and JPMorgan clamps down on ChatGPT. — David Goodman
Traders preparing for Federal Reserve minutes today that could shed light on whether any officials anticipated the need to take rates higher than previously thought to tame persistently high inflation. Minutes of the meeting, at which officials voted unanimously to raise rates by just a quarter percentage point, will come at 2 p.m.