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Federal Reserve minutes highlight split over effects of Trump’s tariffs on inflation
The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that it would not be feasible or appropriate to wait for complete clarity on the tariffs’ effects on inflation before adjusting the stance of monetary policy”.
Nasdaq still leads decline in stocks after Fed minutes point to rising near-term inflation
Stocks continued to trade lower on Wednesday, while yields on U.S. government debt were little changed, after minutes of the Federal Reserve's July meeting showed that officials expected near-term inflation to increase.
Federal Reserve Chair Powell must tread a fine line as he readies a message on interest rate cuts at the central bank's conference in Jackson Hole, WY ...
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...
Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut ...
The Federal Reserve's latest meeting minutes reveal economists are increasingly worried that inflation could be getting worse, raising concerns for consumers nationwide. Scripps News National ...
South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as ...
Businesses maintained their inflation expectations at +2.3%, on average, in August vs. July, according to an Atlanta Fed survey released on Wednesday. Sales levels and profit margins "compared to ...
After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...
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