![]() Wall Street Journal |
Fed Ties Rates to Joblessness
Wall Street Journal The Federal Reserve, clarifying its intentions for an economy hobbled by uncertainties, for the first time spelled out the unemployment level it would like to see before it raises short-term interest rates. The Fed said Wednesday, at the conclusion of its last policy … Fed Ties Rates to Joblessness, With Target of 6.5% – NYTimes.com Fed to tie interest rate to job gains – latimes.com Fed ties stimulus to jobs, inflation in unprecedented steps to bolster economy |