Fed officials discussed possible rate hike 'fairly soon'
Paul Ashworth, chief U.S. economist at Capital Economics, said the "fairly soon" phrase in the minutes "clearly leaves the door open to a March rate hike although ... we still think the Fed will delay until June." The minutes showed that a couple of Fed officials suggested the central bank might need to alter the wording of its policy statement because currently the Fed's assurances that it planned to raise rates at a "gradual" pace could be "misunderstood as a commitment of only one or two rate... Читать дальше...