Minutes Show Fed Officials Saw Need for More Rate Hikes











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Participants observed that a restrictive policy stance would need to be maintained until the incoming data provided confidence that inflation was on a sustained downward path to 2%, which was likely to take some time, according to the minutes of the Jan. 31-Feb. 1 meeting of the Federal Reserve's policy-setting Federal Open Market Committee. Mike McKee reports on Bloomberg Markets: The Close. • Follow Bloomberg for business news analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com • Connect with us on... • Twitter:   / business   • Facebook:   / bloombergbusiness   • Instagram: https://www.instagram.com/quicktake/?...

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