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FED REACTIONS

Fed signals slow pace of tightening as it opens door to rate rise

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The Federal Reserve opened the door to the first interest-rate increase in almost a decade, while also indicating it will go slowly once it gets started.

Washington

THE Federal Reserve opened the door to the first interest-rate increase in almost a decade, while also indicating it will go slowly once it gets started.

The Fed dropped an assurance that it will be "patient" in tightening, ending an era of explicit guidance on the path

sentifi.com

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