Here is what Fed officials have said about timing of a rate hike

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By Greg Robb. He is a senior reporter for MarketWatch in Washington. Follow him on Twitter @grobb2000.

WASHINGTON (MarketWatch) — 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.

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