FOMC Minutes: Almost all voting policymakers saw near-term risks to economic outlook as "roughly balanced"

Following are the key headlines, via Reuters, from the FOMC minutes of November's meeting by the Federal Reserve, where almost all Fed policymakers agreed the case for a rate hike continued to strengthen

• Among voting and nonvoting fed policymakers, most said it could well become appropriate to hike "relatively soon"
• Some argued a hike should come at fed's december meeting to preserve fed credibility
• A few voting fed policymakers worried that if fed let jobless rate fall too low it might need to raise rates steeply, ending economic expansion