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The Week Ahead: Fed Surprise? Not Likely

What to look for in the Fed's October minutes, discount retailer earnings, and more this week.

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For Morningstar, I'm Jeremy Glaser. Welcome to The Week Ahead, our quick take on what investors should have on their radar screens for the week starting Nov. 16.

The minutes of the Fed's October meeting will be released Wednesday. The statement from that meeting left the door open to a December rate hike, and this report will give investors a clearer look at what's on members' minds. But it's unlikely that there are going to be any bombshells, as the main contours of the Fed's dilemma and discussion are already well known. Also keep in mind that these minutes came before October's excellent jobs numbers were released, and many observers think that data makes a rate hike more likely than not next month.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.