With the labor market continuing to sizzle, the timing of the first rate hike has come more sharply into focus. Many Fed watchers think the first rate hike will come at the June meeting. They argue the labor market, with the unemployment rate falling to 5.5% in February, shows a strong economy and that the central bank risks falling behind the curve on inflation. On the other side are economists who think the Fed should delay a move until inflation moves higher. They see low price level as a potential worrisome sign of weaker demand in the economy. Where do Fed officials fall? Three Fed officials have come out in ... (full story)