Strategists said the minutes suggested policymakers may not be as hawkish as investors feared.
Shares of ViacomCBS tumbled 19.1% after the media conglomerate missed quarterly profit expectations
Investors currently expect the Fed to begin raising rates in March with an initial increase of half a percentage point, and to continue raising rates through the year
December retail sales revised to show steeper decline; core retail sales jump 4.8%
The development comes as the US central bank is gearing up to raise interest rates to combat the highest inflation in 40 years
Indian rupee rose for the first time in six days, with some de-escalation at Ukrainian border. But India's delayed policy normalisation and inflation may support dollar bulls over the next 3 months
The minister's remarks come against the backdrop of the Federal Reserve deciding to tighten its monetary policy after a long period of easy money regime
Against the greenback, the single currency climbed 0.4% to $1.1346, and within striking distance of Monday's high of $1.1369 as European stock futures rebounded on the news
When growth is slowing but the Fed continues to hike interest rates or refuses to cut them, stocks will fall
The bank sees a 25 basis-point hike in each of the remaining meetings this year
Europe's STOXX 600 was down 0.9%, Nasdaq and S&P 500 futures were down 0.7% and 0.5% respectively
Brent crude futures rose 39 cents, or 0.4%, to $91.80 a barrel at 1015 GMT, while U.S. West Texas Intermediate crude gained 45 cents, or 0.5%, to $90.33 a barrel
US consumer prices showed the biggest annual increase in 40 years, data released late on Thursday showed
The benchmark oil prices are also in line for their first weekly decline after seven consecutive weekly gains
Spot gold fell 0.1% to $1,825.29 per ounce by 0141 GMT, while U.S. gold futures dropped 0.7% to $1,824.50.
The consumer price index rose 0.6% from December, the Labor Department said, while in the 12 months through January, CPI jumped 7.5%, the biggest year-on-year gain since February 1982
CPI rose 0.6% last month from December, the Labor Department said, while in the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982
A robust inflation reading is expected to burnish gold's appeal as an inflation hedge, but interest rate hikes would raise the opportunity cost of holding non-yielding bullion
The performance in Asian stocks was sharply divided between Chinese equities and the rest of the region
The Australian dollar got a bit of a lift as continued gains in global stocks boosted the mood for risk taking