Lates News

Minutes of the Federal Reserve Discount Rate Meeting: Several governors commented on the expected price pressures related to tariffs, including rising consumer prices. The labor market remains healthy, with some directors noting low turnover rates and limited layoffs. Given the increasing uncertainty, many directors observed that consumers and businesses have become more cautious in their spending and future plans. While most directors believed that the current economic conditions are generally stable, they also expressed concerns about the potential impact of the changing trade and other policies on economic activity, prices, and employment.