Fed likely to send reassuring note of patience on rate hikes
WASHINGTON (AP) — Chairman Jerome Powell is likely to refer this week to a word he’s been using to describe the Federal Reserve’s latest approach to interest rates: “Patient.” With pressures on the U.S. economy rising — a global slowdown, a trade war with China, slowing corporate earnings, a nervous …
Oliver Burgold flipped this story into The Critical Investor•1906d