Most US Fed members support rate hike 'relatively soon'

Most US interest rate policymakers believe a rate hike to be appropriate "relatively soon," boosting the chances of an increase in December, according to meeting minutes released Wednesday. Some participants at the Federal Reserve policy meeting early this month said an rate increase "should occur at the next meeting" to "preserve credibility," because failure to do so would be counter to the public signals sent so far, the minutes showed. The Federal Open Market Committee, which sets US monetar