Powell brushes off Fed dissents ...Middle East

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The Federal Reserve kept short-term interest rates steady Wednesday, but the vote saw the first double dissent from Fed board officials in more than 30 years.

Key business and economic news with implications this week and beyond:

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Brazilian President Luiz Inácio Lula da Silva said in a Tuesday interview that he’s not afraid to criticize President Trump publicly — even if that means no deal can be reached to stave off the 50-percent tariff on Brazilian imports that Trump announced earlier this month and moved to put into action on Wednesday.

How Trump’s tariffs could affect your grocery bill

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Upcoming news themes and events we're watching:

The Bureau of Economic Analysis releases personal consumption expenditures price index data for June at 8:30 a.m. EDT.  

Recall issued over energy drinks mistakenly containing vodka

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Opinions related to business and economic issues submitted to The Hill:

Trump and Congress gave huge wins to corporate tax dodgers Pop goes the deficit: The warning signs are all there

   

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