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The Federal Reserve’s new monetary statement sounds uncertain: maybe they will raise interest rates soon, maybe not. That wishi-washiness reflects the challenges they face, with good economic arguments on both sides. The employment data have looked good in recent months, with job growth coinciding with a falling unemployment rate. (The two [...]
from Forbes Real Time http://onforb.es/1H0X35R
The Federal Reserve’s new monetary statement sounds uncertain: maybe they will raise interest rates soon, maybe not. That wishi-washiness reflects the challenges they face, with good economic arguments on both sides. The employment data have looked good in recent months, with job growth coinciding with a falling unemployment rate. (The two [...]
from Forbes Real Time http://onforb.es/1H0X35R
