WASHINGTON (Reuters) -The Biden administration is weighing restricting imports of Russian aluminum as it charts possible responses to Moscow's military escalation in Ukraine, a person briefed on the conversations told Reuters.

Federal Reserve policymakers agreed they needed to move to a more restrictive policy stance - and then maintain that for some time - in order to meet the U.S. central bank's goal of lowering inflation, a readout of last month's two-day meeting showed on Wednesday.

Federal Reserve officials agreed they needed to raise interest rates to a more restrictive level - and then maintain them there for some time - in order to meet their goal of lowering inflation, a readout of last month's policy meeting showed on Wednesday.

U.S. stocks edged higher in choppy trading Wednesday following the release of minutes from the last Federal Reserve meeting, which showed policymakers agreed they needed to maintain a more restrictive policy stance.

(Reuters) -Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risks, particularly if firms are highly interconnected with other digital asset businesses, said Michael Barr, the Federal Reserve's vice chair of supervision, in a speech on Wednesday.

The Venezuelan government on Wednesday objected to what it called an "arbitrary decision" by a U.S. court that approved a calendar for auctioning shares in the parent of Houston-based refiner Citgo Petroleum, which is owned by Venezuela.

AMSTERDAM (Reuters) -Philips shares fell to their lowest in a decade on Wednesday as the Dutch health tech company said supply chain problems would hit sales, and wrote down 1.3 billion euros ($1.26 billion) of the value of its sleep apnea business.

Angola will keep cutting interest rates as long as inflation is kept low, central bank governor Jose De Lima Massano said on Wednesday, forecasting that inflation will fall to 16% this year and 9-10% by the end of 2023.

The European Commission has approved the proposed $11 billion acquisition of Dupont's mobility and materials business by U.S. chemicals company Celanese Corp, on the condition that the latter divests a plastics-producing business.

An attorney for investors suing Credit Suisse Group AG told a jury in U.S. court on Tuesday that chats between traders prove the world's largest banks colluded to fix prices in the foreign exchange market between 2007 and 2013.