‘Greater of the two risks’: Inflation overshadows employment at Fed policy meeting; minutes reveal divisions over Trump’s tariffs
Federal Reserve officials expressed concerns over upside inflation risks outweighing employment worries, amidst disagreements on Trump’s tariffs’ economic impact. Minutes revealed divisions within the Federal Open Market Committee, with some members dissenting due to concerns about economic weakening and potential labor market damage. The labor market’s performance will likely determine the Fed’s decision on interest rate cuts in September.🕒 1 min read
Federal Reserve officials expressed concerns over upside inflation risks outweighing employment worries, amidst disagreements on Trump’s tariffs’ economic impact. Minutes revealed divisions within the Federal Open Market Committee, with some members dissenting due to concerns about economic weakening and potential labor market damage. The labor market’s performance will likely determine the Fed’s decision on interest rate cuts in September.
Continue Reading
- Exclusive | Shreyas Iyer In Line For Captaincy As BCCI Prepare 2-Team Structure For T20Is
- IND vs ENG: ‘Playing through pain’ – Tendulkar lauds Pant’s gritty fifty in Manchester
-
Days After Her “Papa, Save Me” SOS, Indian Student In Iran Returns Home
-
ALERT! Rishabh Pant breaks MS Dhoni’s decade-long record
- Which Tea Should You Use For Iced Tea? Let This List Decide For You
-
“Why Seek Cheap Publicity?” Top Court On Ashoka Professor’s Op Sindoor Post
- Iran Is Not Afraid, Khamenei Not Hiding In A Bunker: Consul General To NDTV
- Gold, Silver Rate Today Live Updates: Gold, silver prices drop over 1% as fresh US-Iran tensions send crude oil prices up
- Union Budget 2026-27: What gets cheaper, what gets costlier?
- Adani Group shares jump! Almost all stocks in green after Sebi clears Hindenburg claims; Adani Power up nearly 9%