Sent to us by Market Daily News
Chris Ciovacco: In Tuesday’s Wall Street Journal, a reporter with excellent contacts at the Fed, Jon Hilsenrath, penned the following:
Federal Reserve officials are seriously considering an important shift in tone at their policy meeting next week: dropping an assurance that short-term interest rates will stay near zero for a “considerable time” as they look more confidently toward rate increases around the middle of next year.
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