Tag: Kashkari, Neel T

Fed Officials Were Split Over June Rate Pause, Minutes Show

In the Federal Reserve’s last meeting, “several” participants thought rates may have moved high enough to get inflation under control.

A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers.

Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.