U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are about developing financial risks in assessing when a rate hike might be appropriate. Atlanta Federal Reserve bank president Raphael Bostic said that for him there is a “high bar” for any rate increase until inflation moves convincingly to the Fed’s 2% target, and that evidence of excessive borrowing or financial instability in the economy would have to be “systemic” for him to think otherwise. “It is going to be a pretty high bar for us to make policy more ... (full story)