Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a press conference following the Federal Open Market Committee meeting in Washington, D.C., U.S (Photographer: Anna Moneymaker/Bloomberg)  

Fed Scraps Patient Approach and Opens Door to Potential Rate Cut

(Bloomberg) -- The Federal Reserve signaled it was ready to lower interest rates for the first time since 2008, citing “uncertainties” that have increased the case for a cut as officials seek to pr...

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