Jim has spent 35 years as a journalist and analyst involved with the stock, financial, currency and commodity markets. He was a markets reporter on the trading floors at the Chicago futures exchanges for the FWN newswire service, including a later stint as managing editor. He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics.
The minutes signal the Fed will likely raise interest rates in June.
The data came in as expected, easing concerns about economic problems going forward.
The latest "beige book" revealed a tightening U.S. labor market is driving up employee wages in early 2018.
Today’s FOMC minutes contained elements that could be perceived as both dovish and hawkish.