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March 25, 2019

Consumers to benefit from Fed's patience on rates

  • The central bank surprised the market last week when it said it may not raise rates at all during 2019.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — So much for those worries about rising interest rates.

    Just a few months ago, rising rates were bearing down on everyone from home buyers to stock investors after the Federal Reserve put through seven quarter-point increases in 2017 and 2018.


     
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