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

The Fed Stands Pat While Big Questions Loom

(Bloomberg Opinion) -- On Wednesday, as most investors expected, the Federal Reserve left interest rates unchanged for now, but said the case for cuts later in the year is stronger than before. Tha...

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