Fed policymakers closer to rate hike, but inflation doubts remain - minutes

Fed policymakers closer to rate hike, but inflation doubts remain - minutes
 

Several voting Federal Reserve policymakers judged a rate hike would be warranted "relatively soon" if the U.S. economy continued to strengthen, according to the minutes of the Fed's September policy meeting released on Wednesday.
The minutes of the Sept. 20-21 meeting, at which the U.S. central bank held rates steady, also showed the depth of the divide at the Fed over timing.
"Several members judged that it would be appropriate to increase the target range for the federal funds rate relatively soon if economic developments unfolded about as...expected," the Fed said in... read more

 
12 October 2016 in Business, Views: 37
Source: Reuters
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