By Martin Baccardax “A restrictive stance of policy may well become appropriate depending on the evolving economic outlook and the risks to the outlook,” Minutes of the Fed’s May 4 meeting indicated. Updated at 2:17 pm EST The Federal Reserve is set to hold its path of interest hikes, minutes from the central bank’s May meeting revealed Wednesday, suggesting that a “restrictive” policy stance could be appropriate. Such a declaration could mean the Fed is prepared to raise rates beyond the so-called neutral level, which many define as a rate of between 2% and 2.5%, in order to attack the fastes…