US Federal Reserve policymakers have said they are ready to lift interest rates again "fairly soon", minutes from the January's meeting have revealed, as the impact of President Donald Trump new policies were assessed.
In the first meeting since Trump's election, rates were unchanged following December's hike.
However, the minutes revealed a number of members of the Federal Open Market Committee, led by chair Janet Yellen (pictured), argued they should be ready to act again if the US economy showed further signs of strength as a result of the new Administration's lower taxes and regulations, and higher domestic spending, according to the FT.
"Many participants expressed the view that it might be appropriate to raise the federal funds rate again fairly soon", the meeting summary stated, if data on jobs and inflation are "in line with or stronger than their current expectations."
CNBC reported job numbers in the US have been solid while inflation is at its highest level in years.
The next Fed meeting will be on 14-15 March, where CME Group analysis has put a one in five change of a rate rise.
Last December, the Fed raised rates by 25bps to 0.5% to 0.75%.
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