Federal Reserve Board Chair Janet Yellen testifies on Capitol Hill in Washington in February. The Fed this week is expected to drop the word “patient” in describing its approach to raising interest rates from record lows – a signal that a rate hike is coming as soon as June.
Federal Reserve Board Chair Janet Yellen testifies on Capitol Hill in Washington in February. The Fed this week is expected to drop the word “patient” in describing its approach to raising interest rates from record lows – a signal that a rate hike is coming as soon as June. Susan Walsh AP
Federal Reserve Board Chair Janet Yellen testifies on Capitol Hill in Washington in February. The Fed this week is expected to drop the word “patient” in describing its approach to raising interest rates from record lows – a signal that a rate hike is coming as soon as June. Susan Walsh AP

What it means if Fed no longer says it’s ‘patient’ on rates

March 16, 2015 05:15 PM