Morning Scan: Timing of Interest-Rate Hike Questioned; Subprime Borr...

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Tapping the Brakes?: Hold your horses on that rate increase. According to analyses in the Financial Times and the New York Times, members of the Federal Open Market Committee appear to remain divided over when to start raising short-term interest rates, based on minutes of the committee's Jan. 27-28 meeting, released on Wednesday. (The Wall Street Journal, however, offers a somewhat-more bullish view of the minutes.) A "premature" rise in rates could...