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Fed minutes show general support for 3rd rate hike this year

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Federal Reserve Chair Janet Yellen participates in a moderated discussion at New York University's Stern School of Business, Tuesday, Nov. 21, 2017, in New York. (AP Photo/Craig Ruttle)

WASHINGTON (AP) — Federal Reserve officials generally believe that it’ll soon be time for another increase in the Fed’s key interest rate. However, a few felt any further rate hikes should be delayed until they see inflation moving higher, minutes of their last meeting revealed.