Some Fed officials sought early rate hike: FOMC minutes | Bangkok Post: news

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Some Fed officials sought early rate hike: FOMC minutes

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Some Federal Reserve policy makers sought an early hike in its benchmark interest rate amid growing confidence in the US economy, minutes from their January meeting showed Wednesday. 

Janet Yellen smiles after taking the oath of office as Chairman of the Board of Governors of the Federal Reserve System February 3, 2014

The minutes of the Federal Open Market Committee meeting of January 28-29 revealed the group was increasingly upbeat, shrugging off fresh turmoil in emerging markets and judging that poor December employment numbers were mainly weather-related.

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