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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‘Have you ever been around someone you just know is evil?’ Melinda French Gates on meeting Jeffrey Epstein, giving away billions, and her post-divorce peace

‘Have you ever been around someone you just know is evil?’ Melinda French Gates on meeting Jeffrey Epstein, giving away billions, and her post-divorce peace

Melinda French Gates has entered a new phase of life, and it is “beautiful”, she says. It is five years since her painful, public divorce from the Microsoft founder Bill Gates, and two years since she stepped down from their charity, the Gates Foundation, to focus her full attention on Pivotal, the philanthropic organisation she…

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