U.S. stocks were little changed after minutes from the January meeting of the Federal Reserve’s interest-rate setting committee indicated that the central bank’s officials aren’t in a hurry to further cut borrowing costs.

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The Dow dropped sharply by 400 points Wednesday morning as the latest inflation data was higher than expected. The report comes as the ongoing tariff war has already raised fears among investors about higher inflation, as this means there is a lesser chance that the Fed would slash the interest rate this year.

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After a dramatic week of AI stock swings and major tech earnings, it’s time for another round of tech results. Despite cooling inflation, the Fed has stayed quiet on potential rate cuts. That puts this week’s employment data in the spotlight, as the central bank will gauge the labor market’s strength and could shape…

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