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Why it's 'useful' to get rid of 'patient' pledge  

Bob McTeer, president for the Dallas Federal Reserve from 1991-2004, says the elimination of the word "patient" steers the Fed towards data-dependence.
Source: CNBC.com
Santelli Exchange: Waiting for Yellen  

Former Dallas Fed president, Robert McTeer, joins CNBC's Rick Santelli to discuss first quarter numbers, the Fed, and the stock market.
Source: CNBC.com