Fed may raise US rates “fairly soon”

Source: BBC News [UK state media]

“Federal Reserve officials have said they may need to raise interest rates ‘fairly soon’ if the economy stays strong, minutes of their meeting show. The first meeting of the Fed since Donald Trump took office as president discussed the possibility of a rate rise as early as March. Most economists have been forecasting a rise in June. However, Fed officials appear divided on the timing of a rise amid uncertainty over Mr Trump’s policies.” (02/22/17)