Rate-Hike Patience May Leave Fed in a Bind If Inflation Softens
A woman walks past the Marriner S. Eccles Federal Reserve building as it is reflected in a puddle of water in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)  

Rate-Hike Patience May Leave Fed in a Bind If Inflation Softens

(Bloomberg) -- Federal Reserve officials say they’re willing to tolerate an overshoot of their inflation goal. If the opposite happens, the plan is less clear.
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