Most voting policymakers said recent data suggested modestly stronger near-term economic outlook than was anticipated in december

Several policymakers cautioned imbalances in financial markets may emerge as the economy operates above potential; a few said important to monitor slope of yield curve

A number of Fed policymakers raised near-term economic growth forecasts based on recent strong data, information suggesting tax overhaul might have larger effects than previously thought

Voting policymakers generally judged risks as roughly balanced but several saw increased upside risks to near-term economic outlook