While the Federal Reserve's decision to once again leave interest rates unchanged last month was widely anticipated, the vote on the decision and the accompanying statement was unusually divided.The minutes of the Fed's April 28-29, released Wednesday afternoon, provided some additional details about officials' mixed views about the outlook for rates.The Fed said participants generally judged that...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.