The two Federal Reserve policymakers who dissented against the U.S. central bank decision's to leave interest rates unchanged last month appear not to have been joined by other policymakers in voicing support for lowering rates at that meeting,

Stocks continued to trade lower on Wednesday, while yields on U.S. government debt were little changed, after minutes of the Federal Reserve's July meeting showed that officials expected near-term inflation to increase.

Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.

Wall Street's main indexes fell on Wednesday, with a selloff in tech stocks driving the Nasdaq to a two-week low as caution prevailed ahead of the Federal Reserve's highly anticipated Jackson Hole symposium this week.

Stocks are lower Wednesday afternoon as selling of AI-related technology names continues and Target names a new chief executive.

The Federal Reserve is conducting technical research in such areas as tokenization, smart contracts, and artificial intelligence in payments, Fed Governor Christopher Waller said on Wednesday.

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to a special Jackson Hole Edition of the CNBC Fed Survey. But when asked who the president should pick, Hassett ranked a more distant fourth.