Commodity Price Drop Gives Fed Additional Breathing Room

Federal Reserve officials have an additional reason to be patient about raising short-term interest rates: Downward pressure on commodities prices. Nymex crude oil futures prices dropped $3.90 per barrel Tuesday to $81.84, the lowest level since June 2012. Crude is down 19% from a year earlier. N…

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Commodity Price Drop Gives Fed Additional Breathing Room

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