Neutral
Last updated: 2026-10-08 00:44:57 ET
Federal Reserve officials are increasingly pointing to the artificial intelligence buildout, rather than tariffs, to explain why the prices of goods keep rising.
Without them, prices would have declined slightly, researchers at the New York Fed found.
‘The government respectfully moves to voluntarily dismiss its appeal’
The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.
Policymakers grew increasingly concerned about inflation risks at their most recent meeting in September.
September’s rate hike was viewed by many officials as needed just in case inflation remains sticky.
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the minutes...
After raising rates in September, some of the central bank’s top officials have suggested a further rate rise can wait until December.
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
U.S. futures are lower as oil prices tick higher and the bond market climbs ahead of the release of the Federal Reserve’s latest minutes
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE