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U.S. stocks rallied after the Fed replaced the phrase 'considerable time' in reference to when rates would rise with the word 'patience'

The S&P 500 had its best day of the year after a wording change in the central bank's policy statement- betting a rate hike won't come too soon. Bobbi Rebell reports.

http://www.11alive.com/video/3949012296001/1/US-stocks-rallied-after-the-Fed-replaced-the-phrase-considerable-time-in-reference-to-when-rates-would-rise-with-the-word-patience http://cdn.newslook.com/3a/3af7b4aab54c098266a808e9d03245a5/images/frame_ext.jpg U.S. stocks rallied after the Fed replaced the phrase 'considerable time' in reference to when rates would rise with the word 'patience' The S&P 500 had its best day of the year after a wording change in the central bank's policy statement- betting a rate hike won't come too soon. Bobbi Rebell reports. Janet YellenFDXAmerican Apparelfedex corporationbobbi rebellphilipsnewslookUnited States of AmericaEuropeoracleDov Charney 01:43

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