StockNow
Log in
Fed

Fed Discount Rate Minutes: Directors at 4 of the 12 regional Federal Reserve banks voted to increase the discount rate prior to the July 28-29 FOMC confab

StockNow breaking-news AI analysis

Fed discount rate minutes revealed four regional banks sought rate increases before the July meeting, aligning with dissents from three FOMC officials amid persistent inflation concerns.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Politics

US President Trump posts that he has been informed all mines are gone from the international waters of the Strait of Hormuz. Iran has been informed that any vessel placing new mines will be destroyed. Zero tolerance on mine placement in effect.

Fed

Fed's Collins (2028 Voter) says inflation is still too high, and is concerned about price stability part of the Fed's mandate; labour market consistent with full employment, economy growing at a near-trend pace

Geopolitics

US White House Official tells Al Jazeera there are no ongoing or scheduled talks or discussions with Iran; The naval blockade is imposed with strength and effectiveness, the Strait of Hormuz is open, and the mines have been removed