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Director / Editor: Victor Teboul, Ph.D.
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Anticipation High on Whether Fed Stays 'Patient' on Rates

Federal Reserve officials are to address a question investors have been mulling for weeks: Do they remain "patient" about raising interest rates? The answer will come around 2 p.m. Eastern time Wednesday, when the Fed will issue a statement after its latest policy meeting ends and in a news conference to follow with Chair Janet Yellen. Since December, the Fed has said it can be "patient" in beginning to raise a key rate from a record low near zero. Most analysts...


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