The Federal Reserve is considering raising interest rates as inflation hits 4.1%, driven by tariffs, elevated oil prices, and a surge in corporate spending on AI infrastructure. FOMC minutes from Marc…
Minneapolis Fed President Neel Kashkari now projects one interest-rate hike before the end of 2026, reversing his earlier expectation of a cut, citing persistent inflation and AI-driven spending. The …
Minneapolis Federal Reserve president Neel Kashkari said Friday he has penciled in one interest rate hike by the end of the year, citing AI infrastructure build-out and inflation risks from the Iran c…
Federal Reserve Chairman Kevin Warsh held his first meeting, keeping benchmark rates steady but signaling less predictable interest rate policy. With four dissenting FOMC votes—the most since 1992—and…