- Fed officials divided on whether June rate hikes warranted
- Almost all officials wanted to drop patient guidance in March
- No simple criteria for timing of first rate increase
- Several say economic data, outlook likely warrant rate increase in June
- Others say effects of energy price decline, dollar strength point to rate hike in later 2015
- Several expect fairly gradual pace of normalization
- Most saw risk to economic, labor market outlook as nearly balanced
- Several saw dollar appreciation restraining exports, economic growth
- China slowdown, Greece problems, geopolitical tensions seen as international outlook risks
- Fed staff revise down medium-term GDP growth outlook due to strong Dollar
The post USD strengthens after FOMC minutes appeared first on www.forextell.com.