Morning Scan: Is the Fed 'Patient'?; B of A, Citi Stumble ...

Receiving Wide Coverage ...

Fed's New Patience?: Looking ahead to the Federal Reserve's monetary policy statement this afternoon and Fed Chair Janet Yellen's briefing, the Wall Street Journal and the New York Times offer contrasting views on the million-dollar question of when rates could rise. The Journal says the Fed and Yellen may very well drop from the official statement that the Federal Open Market Committee expects to keep short-term rates near zero for "a considerable...