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WRAPUP 2-Fed was divided on rate cut, wanted to avoid appearing on path for more cuts

Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts, a message not likely to sit well with U.S. President Donald Trump. Minutes from the two-day meeting released on Wednesday showed policymakers' ultimate decision to lower the central bank's benchmark interest rate by a quarter percentage point drew more opposition than was reflected in the ra

US STOCKS SNAPSHOT-Wall Street gains after upbeat retail earnings

Wall Street's main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in U.S. consumer demand and held their gains after minutes from the Federal Reserve's meeting last month showed that policymakers had debated a more aggressive rate cut.

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