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Wednesday, May 10, 2017

Will Falling Unemployment Pressure The Fed?

Tim Duy:

Will Falling Unemployment Pressure The Fed?, by Tim Duy: The unemployment rate continues to slide, hitting 4.4 percent in April. The Federal Reserve’s median forecast for joblessness -- 4.5 percent from the end of 2017 through 2019 -- has once again proved optimistic. But does this mean that Fed officials will hike their interest rate projections at the next Open Market Committee meeting? ... Continued at Bloomberg Prophets...

    Posted by on Wednesday, May 10, 2017 at 09:25 AM in Economics, Monetary Policy | Permalink  Comments (25)


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