Officials at U.S. Federal Reserve see June rate hike as unlikely: minutes

2015-05-21 0

The U.S. Federal Reserve says June is too early to begin raising interest rates.
According to the minutes of the Federal Open Markets Committee's meeting last last month,... members were divided over the health of the U.S. economy but most agreed that June was too soon to raise rates from near zero for first time since the 2008 global financial crisis.
However,... the signs are suggesting they aren't planning on waiting too much longer as a rebound is still expected.
A recent poll of analysts showed that most think the Fed will start hiking rates in September.