For Fed, few reasons to end 'patient' stance on rates

Reuters: With inflation muted but other risks to the U.S. economy on the rise, the Federal Reserve’s patience on policy is nowhere close to running out, with one previously hawkish central banker on Tuesday signaling he could wait until at least June before touching interest rates again.

“It may be several meetings of the Federal Open Market Committee before Fed policymakers have a clearer read on whether the risks are becoming reality - and by how much the economy will slow compared to last year,” Eric Rosengren, president of the Federal Reserve Bank of Boston, told a chapter of the National Association of Corporate Directors in Boston.

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