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, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports. (Source: Bloomberg)
Minutes Show Fed Officials Warned of Possible Rate Hike
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, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports. (Source: 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, minutes of the April 28-29 Federal Open Market Committee meeting showed. Mike McKee reports. (Source: 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, minutes of the April 28-29 Federal Open Market Committee meeting showed.
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