News

Fed officials see higher inflation in near term, minutes show

Top Federal Reserve officials generally expect inflation to increase in the near term, according to minutes of the July ...

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 ...

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 ...

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 ...

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 ...

Divided Fed worried about tariffs, inflation and the labor market, minutes show

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it was too ...

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 ...

South African rand weaker as markets eye Fed symposium, local inflation print

South Africa's rand was weaker in early trade on Tuesday, as investors looked to the Fed's Jackson Hole symposium for hints ...

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 ...

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed's Powell faces dilemma as he crafts message on interest rate cuts at Jackson Hole

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 ...