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Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market ...

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

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 ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Trump says he's firing Fed Governor Lisa Cook, opening new front in fight for central bank control

President Donald Trump says he's firing Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...

Bond market's inflation expectations rise during speech by Fed's Powell

Inflation expectations derived from the bond market were rising on Friday, suggesting simmering concerns about future price ...

Fed Officials Erase Old Policy That Tolerated Higher Inflation

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...

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’s Goolsbee Says He Hopes Dangerous Inflation Data Was a Blip

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

Week Ahead for FX, Bonds: U.S. PCE Inflation Data in Focus as Fed Rate Cut Looks Likely

U.S. PCE inflation data for July will be the key economic indicator as investors anticipate that the Federal Reserve will ...

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 ...