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Fed minutes likely to shine light on divide over tariffs, rates outlook
The minutes from the Federal Reserve's June 17-18 policy meeting are expected on Wednesday to show a divided central bank wrestling with the expected economic impact of rising U.S. import taxes and reluctant to commit to interest rate cuts until it is clearer how much the Trump administration's tariff increases will add to inflation.
U.S. stock index futures eased on Thursday, a day after markets were supported by Nvidia's fleeting $4 trillion milestone, ...
“While a few participants note that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could ...
The Fed meets 8 times a year to set monetary policy that affects how Americans borrow and save. Here's when its rate-setting committee meets next — plus a recap of past meetings.
Public sector union leaders met with government officials on Tuesday as they raised concerns that the Liberal ...
Ted Seides is the founder of Capital Allocators and former president of Protégé Partners. On a slow summer day 18 years ago, ...
President Trump suggested a federal takeover of New York City and Washington, claiming a "tremendous power at the White House to run places when we have to." ...
Goldman Sachs has raised its three-, six- and 12-month return forecasts for the S&P 500, citing expectations of U.S. interest ...
Powell's term as Fed chief does not end until next May, and a recent Supreme Court decision appeared to insulate him from ...
Reserve Bank of Australia governor Michelle Bullock has refused to reveal how she voted on the central bank’s surprise decision to keep interest rates on hold.
Wall Street ended mixed a day after a broad sell-off in response to the Trump administration setting new tariffs on more than a dozen nations.
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