Fed Starts Rate Clock, Cautiously


Fed Starts Rate Clock, Cautiously
BY JON HILSENRATH
The Wall Street Journal Europe
19 Mar 2015

WASHINGTON—The Federal Reserve opened a door to raising short- term interest rates by midyear but offered several reasons it is still in no hurry to walk through. The Fed, in a statement issued after its two-day meeting Wednesday, dropped an assurance…read more…

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