Jerome Powell, chairman of the U.S. Federal Reserve, pauses while responding to a question during a Senate Banking Committee hearing in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Fed Minutes Make Powell’s Press Conference Look Like a Flub

(Bloomberg) -- A market-soothing set of minutes to the Federal Reserve’s Dec. 18-19 policy meeting raised questions Wednesday over why investors didn’t get that same message three weeks ago.

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