Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

• China's consumer inflation slows further in December, stoking deflation worries

  China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.
  
  CNBC - 5h
• 

  Rate-Cut Decision Was Narrow, Fed Minutes Show

  Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
  
  The New York Times - 11h

• Fed officials are worried about the inflation impacts from Trump's policies, minutes show

  The Federal Reserve on Wednesday released minutes from its December meeting.
  
  CNBC - 11h
• 

  Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

  After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.
  
  Inc. - 15h
• 

  Fed officials are worried about the inflation impacts from Trump's policies, minutes show

  Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving ...
  
  NBC News - 11h
• 

  Fed’s Waller sees cooler inflation despite higher forecasts

  Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...
  
  The Hill - 13h

• Euro zone inflation rose to 2.4% in December, meeting expectations

  Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.
  
  CNBC - 1d
• 

  German inflation rate climbs to 2.6% in December

  Yahoo News - 2d

• Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes

  Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...
  
  MarketWatch - 6d

More from MarketWatch

• Will the stock market be open today? As Jimmy Carter is laid to rest, the U.S. will observe a National Day of Mourning.

  The U.S. will honor former President Jimmy Carter, who died on Dec. 29 at age 100, with an official state funeral on Thursday, Jan. 9.
  
  MarketWatch - 3h

• Here’s how Trump could impose tariffs on Denmark in a bid to control Greenland

  President-elect Donald Trump Tuesday threatened to place new tariffs on imports from Denmark unless the country gives up control of Greenland, news that dented the stocks of some of Denmark’s most ...
  
  MarketWatch - 5h

• Port strike averted on East and Gulf coasts, in what both sides call ‘win-win agreement’

  A union that represents thousands of workers on the East and Gulf coasts reached a tentative six-year agreement with their employers, according to a joint statement released on Wednesday
  
  MarketWatch - 7h

• S&P 500 starts January with gains after Santa rally busts. What to watch for next.

  A pair of closely watched but overlapping stock-market phenomena delivered a split decision for investors looking for clues to possible full-year performance. A tiebreaker awaits.
  
  MarketWatch - 7h

• Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle

  With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
  
  MarketWatch - 8h

More in Business

• 

  Jimmy Carter’s ‘Malaise’ Speech Would Have Been Brilliant, But It Was Missing 1 Key Phrase

  Rest in peace President Carter. And maybe we can learn something.
  
  Inc. - 28m
• 

  UK bond market sell-off deepens and pound falls

  Borrowing costs rise further as investors worry about stagflation threat
  
  Financial Times - 38m

• Musk is courting the far right in Germany — and there's not much European leaders can do about it

  European leaders have raised concerns about Elon Musk interfering with Germany's elections as he plans to host a chat with far-right leader Alice Weidel on X.
  
  CNBC - 1h

• Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped

  In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.
  
  CNBC - 1h

• Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports

  After a contentious negotiation, the International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contract.
  
  CNBC - 2h