Market Insider

Fed may send a big message to markets

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Cantor CEO: I think Fed will raise
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Santelli: Interest rates firm
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THIS could prevent the Fed from raising rates: Pro

Minutes from the Fed's last meeting could be a big deal for markets Wednesday, showing the central bank is finally ready to raise rates next month — barring any negative surprises in the economy.

"Hopefully, they'll make their intentions to raise rates a lot clearer in the new set of minutes," said Jack Ablin, CIO of BMO Private Bank.

The Fed on Oct. 28 laid out some of what it would consider in December when deciding whether to move its target fed funds rate off of zero rates for the first time in nearly seven years. Analysts expect that to be emphasized in the minutes.