Fed's Pivot Marks a Major Break
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Fed's Pivot Marks a Major Break

(Bloomberg Opinion) -- The Federal Reserve this week effectively acknowledged that its final interest-rate hike of 2018 was an error. In trying to fix that error, policy makers have quickly shifte...
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