June hike an option but Fed officials split on prospect
Minutes from FOMC meeting in April show “most” participants willing to hike next month
Federal Reserve policy-makers are open to the idea of raising rates in June, minutes from their April meeting show, but there is a "range of views" on how likely it is to materialise.
The decision to hold the target range for the federal funds rate at 0.25% to 0.5% last month was not especially contentious. Only a "few" participants at the Federal Open Market Committee (FOMC) meeting considered it "appropriate" to hike.
It could be a closer decision next month. According to the minutes, "most"
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