The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.

The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs.

Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.

CLOs have effectively become the backbone of the loan market, accounting for ~50–70% of the demand for new leveraged loan issuance in the United States. Without this demand, primary loan issuance would significantly slow, and liquidity in the secondary market would weaken.

Trump demands that the Fed reduce rates by at least 3 points to save the US $360 billion a point. The Polymarket bets 95% that the Fed will ignore Trump’s demands this month. Trump considers naming a shadow chair until the current chair, Jerome Powell, leaves office next year.

As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be."

Gold held a two-day advance as traders focused on tariff threats from President Donald Trump and the outlook for US monetary policy. Bullion traded above $3 330 an ounce, after posting modest gains on Wednesday and Thursday that pared a weekly drop.

The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real

Refinance rates were mixed, but one key rate fell. Even a slightly lower interest rate can save you money on your home loan.

Bitcoin (BTC) holds steady at around $108,000 at the time of writing on Wednesday as investors adopt a cautious stance ahead of the Federal Reserve’s (Fed) meeting minutes release. In the absence of any relevant market-moving news, market participants are closely watching for signals on the Fed’s potential rate-cut path.