Nasdaq gains steam, Dow in the green as Fed minutes show widening gap

2:30pm: Fed minutes show widening divide Federal Reserve policymakers are signaling that further interest rate cuts are unlikely until inflation shows clearer progress toward the central bank’s 2% target, according to minutes from the Jan. 28 Federal Open Market Committee (FOMC) meeting. The minutes show officials view the labor market as stabilizing, with rates hovering near a…