Fed officials discussed possible rate hike ‘fairly soon’

WASHINGTON (AP) — Federal Reserve officials earlier this month discussed the need to raise a key interest rate again “fairly soon,” especially if the economy remains strong.
Minutes of the discussions in minutes released Wednesday showed that while Fed officials decided to keep a key rate unchanged at their Jan. 31-Feb. 1 meeting, there was growing concern about inflation if the economy out-performed expectations.
“Several” Fed officials expressed worries that unemp