Trump Fiscal Boost Poses Inflation Risk, Fed Policymakers Agree

Almost all Federal Reserve policymakers thought the economy could grow more quickly because of fiscal stimulus under the Trump administration, and many were eyeing faster interest rate increases, minutes from the central bank's December meeting showed. The minutes, released Wednesday, showed how broadly views within the Fed are shifting in response to President-elect Donald Trump's promises of tax cuts, infrastructure spending and deregulation. Such changes could boost...

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