Fed Waits for Economy's Green Light to Hike as Risks Abate

  • Statement signals optimism about consumer spending, jobs
  • Policy makers refrain from definitive signal on June rate rise

Fed Patience Eyes Markets, EM in Dollar Universe

The strong conviction about growth, inflation and global stability needed to raise interest rates didn’t show up for officials at the Federal Open Market Committee meeting this week. They’re still open to finding it soon.

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