USA Breaking News: Fed minutes show officials saw two-sided risks from Iran war

Fed Minutes Reveal Growing Faction Worried Iran War Could Force Rate Hikes, Not Cuts A growing number of Federal Reserve officials at the March FOMC meeting wanted to add language raising the possibility of interest rate hikes — not cuts — if the Iran war keeps inflation stubbornly above target, marking a significant hawkish shift … Read more

Fed officials still foresee rate cut this year, despite war impacts, minutes show

Fed Minutes Reveal Debate: Iran War Could Force Rate Cuts — or Rate Hikes Federal Reserve officials at their March meeting still expected to lower interest rates this year despite “high uncertainty” from the Iran war and tariffs — but the minutes reveal a central bank deeply divided, with some policymakers warning that surging energy … Read more

U.S. Economy Adds Just 73,000 Jobs in July, Unemployment Rises to 4.2% Amid Economic Uncertainty

August 2, 2025 – The U.S. economy added a modest 73,000 jobs in July, falling short of expectations and signaling a significant slowdown in the labor market, according to the Bureau of Labor Statistics (BLS) Employment Situation Summary released Friday. The unemployment rate ticked up to 4.2% from 4.1% in June, reflecting growing challenges in … Read more