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Fed Looking to Raise Rates "Fairly Soon" but That May Not Mean March

The minutes of the Fed's latest meeting shows the central bank is looking to raise rates "fairly soon," but that doesn't necessarily mean the Fed will hike in March.
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The minutes of the Federal Reserve's latest meeting, released Wednesday, shows the central bank is looking to raise rates "fairly soon," but that doesn't necessarily mean the Fed will hike in March. That's the assessment from TD Ameritrade's chief market strategist JJ Kinahan. Kinahan said the Fed wants to examine additional inflation data, which may push the next hike closer to May or June. The Fed's minutes also referenced policy uncertainty from the Trump administration. TheStreet's Scott Gamm reports from Wall Street.

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