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Most Officials Worried About Inflation Moving Higher

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

The Wall Street Journal · 1d

Fed Officials Were Divided in July Over Timing of Tariffs’ Effects on Inflation

The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested officials were divided over when they could be confident that higher import costs wouldn’t lead to a period of broader,

U.S. News & World Report · 1d

Fed Minutes: Most Officials Worried About Inflation Moving Higher

Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged

Fed, Jerome Powell

The Wall Street Journal on MSN · 18h

Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.

The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.

CNN on MSN · 6h

The Fed is under full-scale assault. Jerome Powell is facing his toughest battle yet

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.

NPR · 2h

With Fed under pressure, Jerome Powell prepares for a high-stakes speech

The Fed chair will speak Friday at an annual economic symposium in Jackson Hole, Wyo. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates.

23hon MSN

Fed officials see inflation just around the corner — and think consumers will bear the burden, minutes show

Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going ...

6hon MSN

Understanding the Fed's Jackson Hole Symposium: 3 Reasons to Care

The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world ...

Fed officials try to read conflicting signals on trajectory of the economy

Federal Reserve officials are trying to parse through economic data pulling them in both directions of their dual mandate of ...

KC Fed's Schmid wary of September rate cut, notes 'very consequential' data in coming weeks

Kansas City Fed president Jeffrey Schmid opened the door to rate cuts in September, but remains wary of inflation pressures in the economy.

6hon MSN

Fed Warns Inflation Getting WORSE - Which Products Will Cost You More?

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 ...

6don MSN

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

1don MSN

South African rand little moved by domestic inflation data, investors await Fed cues

South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as ...

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