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,

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

The central bank has kept its benchmark federal funds target range on hold at 4.25-4.5 per cent this year, amid concerns that tariffs imposed by the White House on US imports could stoke another wave of inflation.

This week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday. Investors will tune into Federal Reserve Chair Jerome Powell's speech for any hints on whether the central bank might kick off interest-rate cuts in September.

The dollar got off on the front foot on Wednesday following two days of gains as traders awaited the Federal Reserve's Jackson Hole annual symposium later this week for clues on the path for monetary policy.

U.S. stocks opened mostly lower on Wednesday morning as investors digested a mixed batch of retail earnings and awaited the release of the Federal Reserve’s latest meeting minutes. The Dow Jones Industrial Average was rising 0.

Wall Street’s major averages have slipped on Wednesday as investors weigh a fresh round of retail earnings and digest the release of the Federal Reserve’s latest meeting minutes. Falling the hardest has been the tech focused Nasdaq Composite (COMP:IND) which has dropped 1.