By Jennifer Yousfi Managing Editor The next move from the U.S. Federal Reserve will be to increase the Federal Funds rate, although the timing of that hike remains to be decided. “A number of participants worried about the possibility that core inflation might fail to moderate next year unless the stance of monetary policy was tightened sooner than currently anticipated by financial markets,” according to the minutes of the Federal Open Market Committee’s Aug. 5 meeting released yesterday (Tuesday). The FOMC voted to slash interest rates seven times from 5.25% last September, before voting to hold steady at the current 2.0% rate at the last two consecutive meetings. While it seems clear the Fed is anticipating a change in course to a tighter monetary policy in order to battle inflation, the majority of FOMC members still feel weak economic growth remains the larger ...