The US Federal Reserve's forward guidance on future interest rates has come up for debate after a stream of central bank officials declared the current wording needs to change. In the past few days, officials from every part of the rate-setting Federal Open Market Committee – hawks and doves, regional presidents and Washington governors – have called for new language. Their remarks could mean a move at the September FOMC meeting in 10 days, although there is little consensus yet on new wording, so a shift might have to wait until next month. A particular issue is the Fed's guidance of low rates for ... (full story)