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Caroline Baum: Patience may be a virtue for the Fed, but a rate cut would be a salvation for the market


If the yield curve stays inverted, the Fed must cut rates quickly. When the Federal Reserve backed off its December projection for additional rate increases in 2019 and opted instead for patience, there was a collective sigh of relief from financial markets. Now that patience is being tested. Not in the way the Fed originally intended, which

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Posted: March 27, 2019 Wednesday 06:16 AM