Some Policymakers noted Global Financial Markets Could be Sensitive to Upcoming British Referendum on Eu Membership or unanticipated Developments due to China's Management of Its Exchange Rate

Several Policymakers judged Risks to U.s. Economic Outlook As Now Roughly Balanced; Many Others continued to See Downside Risks

Policymakers expressed Range of Views on Whether There Would be Enough incoming Data to Warrant June Rate Hike

Some Policymakers expressed Concern That Financial Markets may Not have Accurately assessed the Chance of a June Rate Hike, emphasized Importance of Central Bank Clearly Communicating How It Will Respond to incoming Data

Most U.s. Federal Reserve Policymakers judged It Would Likely be Appropriate to Raise Interest Rates in June if Data Remains Consistent With Q2 Gdp Pickup, Firmer Labor Market Conditions and Progress on Inflation - Minutes