Fed Minutes Show More Officials Warned of Rate-Hike

Bloomberg: “A majority of Federal Reserve officials warned the central bank would likely need to consider raising interest rates if inflation continued to run persistently above their 2% target.”

“In response to the same worries, ‘many’ officials during last month’s policy meeting called for the Fed to drop its easing bias and signal its next move could be an interest-rate increase, according to a record of the gathering.”