Fed's Nod to Global Risks Lowers Chance of March Rate Increase

January 27, 2016 9:14 PM

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Federal Reserve Chair Janet Yellen and her colleagues have opened the door to a change in their outlook for the economy this year, and possibly a slower pace of interest-rate hikes that would make a move in March less likely.

”The Fed is really in a wait-and-see mode,” said Ryan Sweet, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania. “They want to see if everything in the global economy and financial markets is really going to bleed through and affect inflation and their outlook for the economy...

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