Following a split decision to lower interest rates by another quarter point last month, the minutes of the Federal Reserve's December meeting provided further clarification about officials' mixed views about the outlook for rates.
The minutes revealed participants expressed a "range of views" about the restrictiveness of the Fed's current monetary policy stance.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.