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Global markets have been put on notice after the U.S. Federal Reserve issued its strongestsignal yet that a rate hike is on the cards for next month.While most members of the Fed′s policy board think the time is right，... not everyoneis eager to pull the trigger just yet. Sohn Jung－in has more.The Federal Reserve′s policy board released on Wednesday the minutes of its committee′slatest meeting held in late October. The account showed most members of the boardanticipated the conditions for raising rates could be met by the time they hold their nextmeeting in mid－December. With a stronger－than－expected jobs reportin October， they thought the labor market will improve further and inflation will beginto move toward the Fed′s two percent annual target.Some confident members even said
the conditions had already been reached for liftoff.Although assessments made a few weeks ago do not guarantee anything， the statementsrepresent the strongest signal yet of a possible rate hike in December.But there are still a few others opting to take a more cautious approach.They argue it′s too soon to start raising rates， due to risks the economy could suffera setback from unanticipated shocks，... including last week′s terror attacks inParis. The Federal Reserve hasn′t raised its benchmarkrate since 2006， and it has hovered near zero since the 2008 global financial crisisin an effort to stimulate economic growth. The next Fed′s policy meeting is set toopen for two days on December 15th. Sohn Jung－in， Arirang News.
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