Fed officials were split on direction of interest rates at last meeting, minutes show

Fed officials were split on direction of interest rates at last meeting, minutes show

Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday. In Kevin Warsh’s first meeting June 16-17 as chairman of the Federal Open Market Committee, participants saw outcomes where inflation could ease and allow lower rates, while others envisioned…

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Trump denies conflict of interest over crypto. And, Vatican excommunicates rebel group

Trump denies conflict of interest over crypto. And, Vatican excommunicates rebel group

Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories President Trump’s financial disclosures reveal that he and his family earned more than $1 billion through cryptocurrency ventures and other businesses last…

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