Federal Reserve officials established a case for an interest rate hike in December, with one major policymaker implying waiting too long was now close to the risk of deciding too soon to normalize rates.
Other Fed officials stipulated inflation should recover, enabling them to raise rates from near zero though it might need to be done gradually.
New York Fed President William Dudley said the rate decision still required the central bank to think thoroughly as the risk the United States is facing sluggish growth and low inflation, continually justifying low rates.
Fed Vice Chair Stanley Fischer noted inflation should rebound to around 1.5% next year, as pressures related to the firm US dollar and low energy prices dwindle.
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