Investors’ interest in the minutes of the April 26-27 Federal Reserve meeting that were released Wednesday increased notably after some central bank officials suggested earlier that markets may be underestimating the probability of an interest rate increase as early as this summer. The Fed did not disappoint. The Fed Lifts Off Here are five key takeaways from the minutes: 1. Echoing the recent statement of three Fed regional presidents, the minutes indicated that members of the Federal Open Market Committee were worried that markets were underestimating the possibility of an early rate hike. Fed officials sought to ... (full story)