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Sunday, June 24, 2018, 5:41 p.m.

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St. Louis Fed chief foresees shift to ‘qualitative’ guidance

James Bullard, president of the Federal Reserve Bank of St. Louis, said Wednesday that the Fed will probably signal the path for interest rates based on “qualitative” judgments of the economy, moving away from a pledge to begin considering higher rates when unemployment falls below 6.5 percent.

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