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Fed minutes show little support for interest rate cut later this month
WASHINGTON (Reuters) -Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the inflationary pressure they expect to come from President Donald Trump's use of tariffs to reshape global trade.
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
The research, co-authored by New York Fed President John Williams, tracks how the risk of reaching the zero lower bound—the ...
The average homeowner is sitting on a substantial amount of equity right now. . After the Federal Reserve issued three ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
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