Editorial Board

A Patient Fed Is a Good Fed

Janet Yellen is right to take her time in raising interest rates.

Take your time, Janet.

Photographer: Chip Somodevilla/Getty Images

Federal Reserve Chair Janet Yellen has sent a clear message to markets: Even if the central bank raises interest rates from near zero before the end of the year, it will take its time so it can keep helping a U.S. economy that's struggling to reach its potential.

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