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AXIOS (Courtenay Brown) - Fed minutes show widening divide over rate cuts

Federal Reserve officials appear deeply divided over interest rates, with several suggesting the possibility of higher borrowing costs if inflation remains stubborn, according to policy meeting minutes released on Wednesday. Why it matters: Officials are split over how weak the labor market is and whether businesses will continue to pass along tariff-related costs to consumers. - The result is a muddled outlook about the path ahead for rates as President Trump's pick to lead the Fed takes over in the months ahead. What they're saying: The minutes from the Fed's Jan. 27-28 meeting suggest that officials were divided across a few different camps for future rate decisions. - Support further rate cuts: "Several participants commented that…

Federal Reserve officials appear deeply divided over interest rates, with several suggesting the possibility of higher borrowing costs if inflation remains stubborn, according to policy meeting minutes released on Wednesday. Why it matters: Officials are split over how weak the labor market is and whether businesses will continue to pass along tariff-related costs to consumers. - The result is a muddled outlook about the path ahead for rates as President Trump's pick to lead the Fed takes over in the months ahead. What they're saying: The minutes from the Fed's Jan. 27-28 meeting suggest that officials were divided across a few different camps for future rate decisions. - Support further rate cuts: "Several participants commented that…Open

AXIOS (Rebecca Falconer) - Coca-Cola sued by federal agency over work event that excluded men

Coca-Cola is being sued for alleged sexual discrimination over a corporate networking event that excluded men, announced the U.S. Equal Employment Opportunity Commission, which filed the lawsuit, Wednesday. Why it matters: This is the first lawsuit related to workplace diversity that the federal agency in charge of enforcing anti-discrimination laws at work has filed during President Trump's second term. Driving the news: Coca-Cola Beverages Northeast "violated federal law" when it held a two-day employer-sponsored trip and networking event in Connecticut that invited women only in September 2024, EEOC alleges. - "Coca-Cola Northeast privately invited female employees and then excused the female employees who attended the event from…

Coca-Cola is being sued for alleged sexual discrimination over a corporate networking event that excluded men, announced the U.S. Equal Employment Opportunity Commission, which filed the lawsuit, Wednesday. Why it matters: This is the first lawsuit related to workplace diversity that the federal agency in charge of enforcing anti-discrimination laws at work has filed during President Trump's second term. Driving the news: Coca-Cola Beverages Northeast "violated federal law" when it held a two-day employer-sponsored trip and networking event in Connecticut that invited women only in September 2024, EEOC alleges. - "Coca-Cola Northeast privately invited female employees and then excused the female employees who attended the event from…Open