Fed President: “Patience is a Virtue” with Interest Rates
January 11, 2019 at 12:39 PM EST
It seems that “patience” is the recurring theme in Federal Reserve lexicon as of late with Fed Vice Chairman Richard Clarida echoing the same on Thursday. After four definitive rate hikes in 2018, the Fed is now taking a wait-and-see approach for 2019. “We begin the year as close to our...