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Thursday, March 19, 2015

Wall Street Breakfast: Investors Digest Fed's 'Patient-less' Statement

Economy Global shares edged up today after the Fed dropped its "patient" philosophy toward raising rates, but downgraded its views on the economy, inflation and lowered its interest rate trajectory. The statement would put a June increase on the table, but the dovish tone suggested the first hike wouldn't come until at least September or October.

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