The minutes underscored the deeply divided nature of the committee
Canada, the U.S. and Mexico are set to review CUSMA in July
The bank’s Monetary Policy Committee was divided on whether to cut interest rates
Economists now think the rate could stay at 2% for months — and possibly into 2027
Prescribed rate to remain at 3% for third consecutive quarter
Government shutdown has markets, the Fed, looking for alternative data
Central bank signals readiness to support growth amid softer economic data
Prices rise modestly as U.S. consumer spending shows gains
Stephen Miran calls for a benchmark rate closer to 2.5%
Decision comes as inflation stays above the 2% target