Stiglitz Says Fed Should Wait as Treasury Yield Calls Are Cut

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  • `America’s recovery is anemic,' Stiglitz says in interview
  • Treasuries are outperforming equities for second year

Joseph Stiglitz, the Nobel-prize-winning economist, said the Federal Reserve should hold interest rates unchanged through 2015 to support the U.S. economy. A slower pace of rate increases seems to be a view shared by analysts, who are cutting their forecasts for Treasury yields.

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