Hilsenrath – Debate intensifying among Fed’s regional presidents about whether to push rates up from zero sooner

An item in the Wall Street Journal late on Friday. In brief:

• Debate is intensifying among the Federal Reserve’s regional bank presidents about whether to push interest rates up from zero sooner than planned
• Citing recent improvements in the U.S. job market
• Hilsenrath says it is potentially signaling a broader discussion that could change the rate outlook

More details at the (The Wall Street Journal is often gated, so if you’re unable to access the article try a search of Google news using the headline): Rate Debate Heats Up Among Fed Officials