Fed: short rate hike, it will be fast if inflation does not fall

(ANSA) - NEW YORK, FEBRUARY 16 - "Soon it will be appropriate" to raise interest rates.

This was stated by the Fed in the minutes of the meeting of 25 and 26 January.

Many members of the central bank believe that a faster rate of recovery is guaranteed than in 2015. "If inflation does not fall as expected, it may be appropriate to remove the accommodating policy faster than anticipated," reads the words.

(HANDLE).