Summary Box: Inflation fears prompt Fed debate

INFLATION FEARS: Some Federal Reserve officials last month raised the possibility of scaling back the Fed's $600 billion Treasury bond purchase program out of fear that a strengthening economy could spur inflation.

WHOLESALE PRICES RISE: The minutes from the Fed's Jan. 25-26 meeting were released on the same day that the government reported that a measure of wholesale inflation rose in January at its fastest pace in more than two years.

BRIGHTER GROWTH OUTLOOK: The Fed boosted its growth forecast for but said unemployment will remain high.