US interest rate forecast to increase in June
US Federal Reserve officials believe an interest rate hike is likely to be agreed at the central bank's next meeting in June if the country's economy keeps improving.
Fed officials decided against raising rates at its April meeting, but minutes of that gathering show there was a widely held view that it "likely would be appropriate" to raise rates at the June 14-15 meeting as long as the economy and labour markets continue to strengthen and inflation shows signs of accelerating.
