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It was the first time since 1993 that more than one Fed governor dissented against a rate decision. Read more at straitstimes ...
The Trump tariffs present something of a mystery. Trump's new import taxes raise the cost of many imported products by nearly ...
U.S. stocks closed mostly lower, though off earlier lows, despite Federal Reserve minutes showing a united front on inflation and a tech stock rout.
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going ...
Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import tariffs.
Federal Reserve chair Jerome Powell is scheduled to speak at the central bank's annual Jackson Hole Symposium on Friday, an event that could be a major test of the stock market's post-"Liberation Day" ...
They also reveal a growing schism over whether the Fed is falling behind the curve on rate cuts.Those divisions help explain the first dual dissent from sitting Fed governors in more than three ...
The minutes showed officials continued an active debate on the effects of tariffs on inflation and the degree of ...
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 ...
All three major stock indexes were headed for losses in Wednesday's final hour of trading, dragged down in part by concerns ...
Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that ...