The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market st

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OpenBook briefing: The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market stability.. What it means for equities, FX and c

OpenBook market desk: Bank of America calculates this week’s Federal Open Market Committee statement explaining the decision to lift interest rates by a quarter-point as its most terse, at just 130 words, since 2007.

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