Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...

U.S. Federal Reserve officials ... face difficult tradeoffs if inflation proves to be more persistent while the outlooks for growth and employment weaken,” the minutes said.

Rising tariffs could reignite inflation and weaken the U.S. dollar’s safe-haven appeal, according to the Federal Reserve’s May meeting minutes released Wednesday, according to Benzinga.

Behind the scenes, officials at the Federal Reserve were just as uncertain about the economy's trajectory as they were in ...

WASHINGTON, May 28 (Reuters) - U.S. Federal Reserve ... tradeoffs if inflation proves to be more persistent while the outlooks for growth and employment weaken," the minutes said.

Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. The Federal Reserve said Wednesday it is ...

Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...

Rising tariffs could reignite inflation while shifts in global investor confidence may undermine the U.S. dollar's safe-haven status, according to the Federal Reserve's May meeting minutes ...

Key reports will include Federal Reserve minutes, an April readout of the bank's preferred inflation gauge, and updates on the mood of the U.S. consumer. Nvidia is the headline act in a relatively ...