Fed Minutes Show Many Members Favor More Stimulus

Central bank is likely to take action to boost economy, but measures may be modest

BING NEWS:
  • American workers want record wages to change jobs, NY Fed finds
    However, the minutes from the Federal Reserve's most recent meeting showed that policymakers are concerned that inflation has shown signs of accelerating again, which could undermine progress ...
    04/15/2024 - 2:54 pm | View Link
  • US Fed officials raised inflation concerns, but still expect rate cuts in 2024
    according to minutes of the meeting published last night. The Fed held its benchmark lending rate at a 23-year high after its March meeting, as policymakers continue their attempts to bring ...
    04/10/2024 - 8:17 pm | View Link
  • Stock Market News: Dow Slides After CPI Data
    Federal Reserve officials indicated at their last meeting that they needed more evidence inflation was heading lower before reducing rates, minutes show. Odds of a June rate cut were down to 27% ...
    04/10/2024 - 12:07 pm | View Link
  • MNI ASIA OPEN: CPI Steals Show, No React March Minutes
    Nothing Good' In CPI - Ex-Fed Board's KaminMNI FED: Fed Officials Favor Cutting QT Pace By Half 'Fairly Soon'MNI BOC WATCH: Macklem Sees Conditions For Rate Cut EmergingMNI US DATA: Dispersion Metrics ...
    04/10/2024 - 8:40 am | View Link
  • Some Fed officials worry inflation remains stubbornly high, minutes show
    While Fed officials “observed that significant progress had been made over the past year” despite disappointing inflation readings for January and February, some also “noted that the recent ...
    04/10/2024 - 7:41 am | View Link
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