Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates, minutes released Wednesday showed.

Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the concerns of Bowman and Waller when it showed fewer jobs than expected were created in July.

Gold held a gain after President Donald Trump’s call for a Federal Reserve governor to quit raised fresh concerns about the central bank’s independence, bolstering haven demand.

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.

Tension between the Federal Reserve's jobs and inflation mandates may be less worrisome than a dilemma over whether to focus on the spluttering housing market or rocketing tech infrastructure spending.

Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that remains above the central bank’s target.

The Federal Reserve is conducting technical research on the latest innovations, including tokenization, smart contracts, and artificial intelligence (AI) in payments, Governor Christopher Waller said at the Wyoming Blockchain Symposium on Aug. 20. This is a developing story.