WASHINGTON — Federal Reserve policy makers worried last month that tighter global financial conditions could hit the US economy and considered changing their planned path of interest rate hikes in 2016."If the recent tightening of global financial conditions was sustained, it could be a factor amplifying downside risks" to the economy, according to the minutes of the US central bank’s January 26-27 policy meeting released on Wednesday.Most policy makers still expected to lift rates and even discussed whether a hike was warranted in January, but after a lengthy discussion on global risks they said tighter financial conditions may be "roughly equivalent" to further hikes.Policy makers discussed "altering their earlier views of the appropriate path for the target range for the federal funds rate", according to the minutes.However, they agreed it would be premature to change their outlook for the US economy, saying they would closely monitor global economic developments as well as oil a...
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