Fed Adopts ‘Patient’ Rate Stance With Balance-Sheet Flexibility
Jerome Powell, chairman of the U.S. Federal Reserve,listens during an Economic Club of Washington discussion in Washington, D.C., U.S. (Photographer: Al Drago/Bloomberg)

Fed Adopts ‘Patient’ Rate Stance With Balance-Sheet Flexibility

(Bloomberg) -- The Federal Reserve signaled it’s done raising interest rates for at least a while and will be flexible in reducing its bond holdings, a sweeping pivot from its bias toward tighter m...
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