02:27 PM EDT, 08/20/2025 (MT Newswires) -- Commercial crude stockpiles in the US declined more than expected last week as motor gasoline inventories shrank, government data showed Wednesday. Inventories of crude, excluding the strategic petroleum reserve, fell by 6 million barrels to 420.7 million barrels through the week ended Friday, the Energy Information Administration said. The consensus was for a...

03:37 PM EDT, 08/20/2025 (MT Newswires) -- Most of Federal Reserve officials saw potential inflation pressures outweighing risks to the labor market, while policymakers indicated that it would take time to gain more clarity on the exact impact of tariffs on prices, minutes of the central bank's July 29-30 meeting showed Wednesday. At the meeting, the Federal Open Market Committee...

02:50 PM EDT, 08/20/2025 (MT Newswires) -- The minutes of the July 29-30 Federal Open Market Committee meeting showed divisions forming between those that see inflation as the greater concern, those that see risks higher for employment growth and those that see a balance. While most agreed that monetary policy was well positioned to wait a little longer to gain...

The Federal Reserve indicated that inflation risks remain considerable due to the uncertain impact of new trade tariffs, casting fresh doubt over imminent interest rate cuts, according to the July Federal Open Market Committee minutes released Wednesday. SLV ETF is moving fast. Check live prices here. Despite signs of a labor market slowdown, a majority of Fed officials voted to...