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Fed Minutes Show Majority of FOMC Saw Inflation

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 to pay the costs, minutes of the Fed’s July meeting show.

The Associated Press on MSN · 15h

Fed minutes: Most officials worried about inflation moving higher

The meeting underscores policymakers’ reluctance to reduce a key rate until they get a clearer sense of tariff impacts.

Bloomberg · 23h

Fed Minutes Show Majority of FOMC Saw Inflation as Greater Risk

Most Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting last month, as tariffs fueled a growing divide within the central bank’s rate-setting committee.

1hon MSN

Ed Yardeni: Odds of Fed rate cut are under 50%, labor market and inflation both still running warm

Ed Yardeni, Yardeni Research president, join CNBC's 'Squawk on the Street' to discuss market outlooks, expectations for ...

22h

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 ...

3hon MSN

The Fed is under full-scale assault. Jerome Powell is facing his toughest battle yet

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

23m

KC Fed's Schmid wary of September rate cut, notes 'very consequential' data in coming weeks

Kansas City Fed president Jeffrey Schmid opened the door to rate cuts in September, but remains wary of inflation pressures in the economy.

Why the Federal Reserve has historically been independent of the White House

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

3hon MSN

Fed Warns Inflation Getting WORSE - Which Products Will Cost You More?

The Federal Reserve's latest meeting minutes reveal economists are increasingly worried that inflation could be getting worse, raising concerns for consumers nationwide. Scripps News National ...

21h

Fed Divided in July on Inflation, Tariffs and Jobs

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import tariffs.

6don MSN

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 ...

1don MSN

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 ...

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