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 ...

Minutes of the Federal Reserve's meeting earlier this month seemed to emphasize the risk of higher inflation rather than higher unemployment. Federal Reserve officials seemed very concerned that ...

The Fed is likely to stick to its "wait-and-see" mantra at its policy meeting on Wednesday, setting it on a collision course ...