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Fed minutes: Members worried about slower global growth

CNBC
Updated
Getty Images. Jim Cramer worried that Janet Yellen could push the global economy into recession. It's not that the Fed knows nothing — it knows too much about the past.

This is a breaking news story. Please check back for updates.

Click here for the latest on the markets.

The Federal Open Market Committee released the minutes from its September meeting on Thursday afternoon.

Last month, the committee voted to keep its short-term interest rate target unchanged. Only one member, Richmond Fed President Jeffrey Lacker, wanted to raise rates by 25 basis points.

The minutes will not reflect the Fed's current outlook after a disappointing September jobs report.

Read More Bernanke: Fed might want to heed market on rates




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